Stock Watch - Stock picks — Amazon and Alphabet
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Nesan Nair from Sasfin Securities chose Amazon as his stock pick of the day and Mia Kruger from Kruger International chose Alphabet.
Nair said: "I'm going with Amazon, I think they are priced quite well so far and I anticipate that they'll grow from here."
Kurger said: "I'm going for Google, it is one of the companies that haven't rebounded as strongly as Amazon and some of the others and I think also this is Google will definitely increase their revenue due to that advertisement space. YouTube is also quite popular in these times where people have a lot of time on their hands so I think the company will do well from this point going forward."
Nair said: "I'm going with Amazon, I think they are priced quite well so far and I anticipate that they'll grow from here."
Kurger said: "I'm going for Google, it is one of the companies that haven't rebounded as strongly as Amazon and some of the others and I think also this is Google will definitely increase their revenue due to that advertisement space. YouTube is also quite popular in these times where people have a lot of time on their hands so I think the company will do well from this point going forward."