Robert Towell from Sasfin Securities chose Amazon as his stock pick of the day.

"We still like Amazon, it has had a very big run over the last few months. When you take a sustained view of where economies are going worldwide in the next 10 years, internet of things (IoT) is the place to be. "

Imtiaz Suliman from Sentio Capital chose Harmony Gold as his stock pick of the day.

"I'm going to go for Harmony Gold, they are in a very enviable position whereby they're benefiting from a very strong gold price and a weaker rand. If you just put in the spot rand gold price into their evaluation it looks very attractive. It is trading on an EV/EBITDA multiple of five, a price to book of one times. In two years time they would be able to pay out quite significant amounts of cash in the form of dividends as opposed to a lot of other companies which are cutting dividends in this environment."

Nolwandle Mthombeni from Mergence Investment Managers chose Pepkor as her stock pick of the day.

"In light of the announcements from TFG today I'm going with Pepkor. Pepkor is a a value retailer and it still has a very attractive profile and at current levels the share price has given an opportunity for investors to go into the stock, especially after the book build."

David Shapiro from Sasfin Securities chose Satrix MSCI China ETF and Viv Govender from Rand Swiss Offshore chose S&P 500Shapiro said: "I'm very thrilled that Satrix is bringing in a China ETF which I think impresses all the businesses that we would look at if we could invest in China. I think it's a great option for people who want to diversify their portfolios and I like to go into trackers so I think this just gives us a bit more diversification."Govender said: "I still prefer the US over all the other markets. China's will go faster as they have a relatively better economy. I just think some of the geopolitical stuff they do with India and Hong Kong could come back to bite them, especially with regards to the situation the world is at the moment and the uncertainties around it. I'd got for a structured S&P so you can get that little bit of protection."

Andile Buthelezi from Sentio Capital chose British American Tobacco as his stock pick of the day.

"I'm going for British American Tobacco, in the short term they do of course face the challenge of having cigarette sales banned in some of the countries that they're operating including, SA - but we do think it's a short-term challenge as cigarette sales bans will eventually be lifted. The weakness in the share price over the last few weeks has probably given an opportunity to buy into a stock like British American Tobacco."

Nesan Nair from Sasfin Securities chose Redefine Properties as his stock pick of the day.

"I'm going with Redefine Properties, I'm not usually one that goes for the fallen angels but, I think it's just been sold up so much. They also announced those two big sales last week which is going to put them in a much better position to pay up debt, and I think a lot of the risk in this business has actually decreased."

Steven Schultz from Momentum chose Tesla as his stock pick of the day.

"I'm going for Tesla, it's a counter that is up 500% over the past year with no obvious justification for these gains. Despite delivering one twenty fifth the amount of vehicles that Toyota does, Tesla has a market cap now that makes it the world's most valuable auto maker. It is extremely expensive, pretty much on every matrix but looking at the enterprise-value-to-EBITDA ratio it stands out as extreme. Over the last three months we've seen earnings halve to $3, which makes one wonder why anyone would pay over $1300 for the share. To any investors that currently have it I would suggest to sell it but for the more speculative risky investor I would suggest a short on Tesla at this level."

Caroline Cremen from Adviceworx chose Alibaba as her stock pick of the day.

"My stock pick is Alibaba, people think of it as being the Chinese Amazon but it is much more than that, it has financial services, it's also the world's third biggest cloud provider after Microsoft and Amazon. Its PE is very attractive relative to Amazon and the growth potential there is enormous. Alibaba has about 40 percent year-on-year revenue growth and a very large cash balance, so yes, invest in China but, invest in good single companies not the market. "

David Shapiro from Sasfin Securities says to look at pet industry for a stock pick and Martin Smith from Anchor Capital chose Firstrand.

Smith said: The one area that's beginning to attract me is the pet food industry. It's a massive industry and I've never had enough time to really select one stock there but let me put it this way, I haven't got a direct stock big but I am looking in that industry.

Shapiro said: "I'm happy to have a little bit more cash than not at these levels. While I'm happy to be invested I still think there's going to be a bit of volatility, so I'm keeping a little bit of powder dry. I will be buying FirstRand and I think they have some good upside potential from here."

Waldo du Plessis from Nitrogen Fund Managers chose Naspers as his stock pick of the day.

"I'm going to go long into the future here and it's has been the best performer on the JSE this year and it's Naspers. I'm going with Naspers because of its discounted to Tencent or to Turkey, the online gaming business has done phenomenally well for South African investors that have owned Naspers but at a 50% discount offers a buffer for the long term investor."