Stock Watch - Stock Picks - Google and Shoprite
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David Shapiro from Sasfin Securities chose Alphabet Inc as his stock pick of the day and Wayne McCurrie from FNB Wealth and Investments chose Shoprite.
Maybe I'm wrong says McCurrie, but I don't think that the future for South Africa is as bad as what it has been in the past and under that there is some seriously good value local shares. I'm going for Shoprite and I know I went for it a while back and the share price has since gone down but this is not bad value.
David Shapiro chose Google and said “I like Google and I think gaming and subscription type gaming and downloading gaming, streaming gaming is still a huge area and as Google is going into that I think it is going to add just another dimension to this incredible business.”
Maybe I'm wrong says McCurrie, but I don't think that the future for South Africa is as bad as what it has been in the past and under that there is some seriously good value local shares. I'm going for Shoprite and I know I went for it a while back and the share price has since gone down but this is not bad value.
David Shapiro chose Google and said “I like Google and I think gaming and subscription type gaming and downloading gaming, streaming gaming is still a huge area and as Google is going into that I think it is going to add just another dimension to this incredible business.”