Stock Watch - Stock Pick — BAT
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Nesan Nair from Sasfin Securities chose British American Tobacco as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments did not have a stock pick this week.
Nair said: "I'm gonna go with British American Tobacco, I look at the dividend yields I think there's sufficient margin a safety there for the long-term investor so British American Tobacco for me."
McCurrie said: "I don't have one because we're waiting Trump for this weekend. Now there's three things that he can do. He can actually strike a deal with China then its whoopee and off to the races, he can leave the status quo in place declare victory and retreat or he can slam it into full-scale trade wars which would be catastrophic, so hold fire and hope."Stock
Nair said: "I'm gonna go with British American Tobacco, I look at the dividend yields I think there's sufficient margin a safety there for the long-term investor so British American Tobacco for me."
McCurrie said: "I don't have one because we're waiting Trump for this weekend. Now there's three things that he can do. He can actually strike a deal with China then its whoopee and off to the races, he can leave the status quo in place declare victory and retreat or he can slam it into full-scale trade wars which would be catastrophic, so hold fire and hope."Stock