Stock Watch - Stock picks — BAT and Intuitive Surgical
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David Shapiro from Sasfin Securities chose Intuitive Surgical as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose British American Tobacco.
Shapiro said: "The company that I like is a company called Intuitive Surgical which is running in the US at the moment. It's an invasive surgery but a robotic invasive surgery. It's a super business and the robotic side of medicine that is developing is worth a look at, especially now that people are coming back for those elective surgeries."
McCurrie said: "An old favourite of mine, British American Tobacco, I know smoking's banned in South Africa but it is so small in their lives, it doesn't even matter as it hasn't been banned anywhere else. You get a 7% dividend yield and they have good cash flows."
Shapiro said: "The company that I like is a company called Intuitive Surgical which is running in the US at the moment. It's an invasive surgery but a robotic invasive surgery. It's a super business and the robotic side of medicine that is developing is worth a look at, especially now that people are coming back for those elective surgeries."
McCurrie said: "An old favourite of mine, British American Tobacco, I know smoking's banned in South Africa but it is so small in their lives, it doesn't even matter as it hasn't been banned anywhere else. You get a 7% dividend yield and they have good cash flows."