Stock Watch - Stock picks — Sea Group and Transaction Capital
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David Shapiro from Sasfin Securities chose Sea Group as his stock pick of the day and Wayne McCurrie from FNB Wealth & Investments chose Transaction Capital & Cartrack.
Shapiro said: "I'm still into tech and there's a company in Singapore called Sea Group that do digital payments, gaming and e-commerce. And why I like it is it serves the whole of South-east Asia and I like that area very much. They are out of Covid and they're going to grow a lot faster than some of the developed countries, so I'm directing quite a bit to that area."
McCurrie said: "I've got two stock picks, first Transaction Capital, I know the share price is at quite high levels but it's a fantastic company over time. And then Cartrack and I know about all the hype on Cartrack and going to Nasdaq, but they just came out with the trading updates and their share price was up 5%, a fantastic trading update."
Shapiro said: "I'm still into tech and there's a company in Singapore called Sea Group that do digital payments, gaming and e-commerce. And why I like it is it serves the whole of South-east Asia and I like that area very much. They are out of Covid and they're going to grow a lot faster than some of the developed countries, so I'm directing quite a bit to that area."
McCurrie said: "I've got two stock picks, first Transaction Capital, I know the share price is at quite high levels but it's a fantastic company over time. And then Cartrack and I know about all the hype on Cartrack and going to Nasdaq, but they just came out with the trading updates and their share price was up 5%, a fantastic trading update."