Stock Watch-Stock Pics - Sasol and Estée Lauder

Wayne McCurrie from FNB Wealth and Investments chose Sasol Limited (SOL) as his stock pick of the day, there is a bit of uncertainty with Lake Charles and whether it is coming online within six months or one years time but that is not the key to buying this stock, the key to buying it is that there is no more Capex and they are generating serious cash flows. The oil market does not look to bad either as it seems asif Opex is prepared to cut to get the price to around $60 a barrel. No matter what Trump says, America doesn't want oil below $60 for to long because then their industry suffers.

David Shapiro from Sasfin Securities chose Estée Lauder Companies Inc as his stock pick of the day. They released unexpected knockout results. What is coming out is that the Chinese are actually spending.