Market Wrap - Stock Pick — Bid Corp

Nick Kunze from Sanlam Private Wealth chose Bid Corporation Ltd as his stock pick of the day

"We are looking at Bid Corp, they came out at the start of the week with a nice set of results. Emerging markets space wasn't great but the developed markets increased by 20% and the stock is trading in the upper teens, so it's not cheap but you're paying for management and paying for quality."