Stock Watch - Stock Picks - Transaction Capital and Airbus

Wayne McCurrie from FNB Wealth and Investments chose Transaction Capital as his stock pick of the day and David Shapiro of Sasfin Securities chose Airbus.

McCurrie said that Transaction Capital is doing very well and is operating in an industry that is tough but clearly they understand it. They are expanding in their product ranges, their debt collection side is doing very well and is also expanding overseas. The stock is trading at a reasonably low PE (Price Earnings) ratio and you should have fairly good earnings.

Shapiro chose Airbus and said "It's just one of my big themes at the moment, international travel, particularly the Chinese and Asian. With Boeing under pressure Airbus has done incredibly well." Shapiro added that their success is not a knee-jerk reaction to Boeing's woes but that Airbus's orderbook had grown over a number of years and that they have now started to deliver on that.
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