Stock Watch - Stock picks — Lindt & Spruengli and Transaction Capital

David Shapiro from Sasfin Securities chose Lindt & Spruengli as his stock pick of the day and Wayne McCurrie chose Transaction Capital.

Shapiro said: "You have to buy chocolate, if you are going to go into Europe, buy Chocolate. I was looking at a Swiss company called Lindt & Spruengli, it's a great company it's growing from 5% - 7%, they have upgraded all their manufacturing process."

McCurrie said: "I'm going back to a favourite of mine, I think Transaction Capital, they haven't fallen as much as other companies but are still below R20 a share and we all know that for whatever reasons, the taxi industry is back in full swing. I think they will do quite well going forward, probably better than any other average company."