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

"My stock pick tonight is going to be Naspers, the rand is blown out and Naspers is a rand hedge, it trades at the widest discount that I think I've observed in many many years to its main asset which is 10 cents or 700 hk. You're getting equality assets and by the way Chinese gaming is up significantly in January and February as people are staying at home and buying more online games if you can believe it. They are spending more time on WeChat and if you're buying that at a 50% discount and the rand is weak from around 14 at the start of the year to now trading at 16 it looks pretty attractive."

Martin Smith from Anchor Capital chose Disney as his stock pick of the day. "Something for me is Disney at a 21 times forward multiple. Historically I think that it looks quite cheap, the business is growing kind of mid-teens, good management team in place and also the Disney Plus aspect where the business has got a lot of blue sky potential. So I think you may have to face volatility of across the board over the next a while but I think Disney is one that I'd like to pick up"

Craig Pheiffer from Absa Stockbrokers & Portfolio Management chose Sibanye-Stillwater as his stock pick of the day.

Sibanye is my stock pic of the day. It's more of a platinum play and I guess you can look at the palladium and the rhodium hat has been in deficit and probably still will be. You could have some concerns that maybe global slowdown would see a lower demand for those metals but you still need them in emission systems and the like. I think if you're looking at a medium to longer term picture, I think that aspect of the company will do well and then you've got the gold element which should hopefully tide you over in these tough times where everyone's slashing interest rates and there's a bit of pandemonium in the streets

Nesi Chetty from Stanlib chose Investec Property Fund as his stock pick of the day. "It's a company that we've liked for a while, Investec property fund, it's one of the main defensive SA portfolios of retail assets, close to around 17bn. They have done well to diversify into the UK logistics market and also build a very good logistics platform in Europe. They bought out their partner in the logistics platform quite recently. They are one of the few companies that are able to do a capital raise in the market as well. They are yield accretive on the nav and earnings basis on day one of the transaction. This is a company that we like and this is a long term buy within the property sector."

Ian Cruickshanks from the SAIRR chose a US Treasury ETF "What I would like to look at is an ETF with its major holdings in US Treasury. I think that they have come wholaping down with their yield from 1.8% to just over 1% in a matter of weeks. That is a huge move and perhaps it won’t be too much in the short term but I think with the outlook of the global markets and the global economy I really feel that the ETF is one of the last safe havens where it will accumulate funds."

Mark du Toit from Oyster Catcher Investments chose Gold Spot Indicator as his stock pick of the day and Nesan Nair from Sasfin Securities chose Firstrand

du Toit said: I'm picking gold this evening and not because the markets are necessarily down today but I think what we are going to see is a lot of stimulus coming through after coronavirus settles. That's going to put interest rates even lower than they are now and I think that environment is largely positive for gold. Even if the markets also rolls over and the coronavirus has a more long long-lasting effect I think you'll see money coming out of places like the US and the S&P500, that's been kind of everybody's base bid for the last ten years and it's going to look for a home so I think that everyone should have just a little bit more in gold for the next while because I think it'll perform the develop market currencies.

Nair said: "I'm going for a fixed income instrument, FirstRand prevs. They were trading at close R85-R86 not so long ago, they came back to the mid-70s now. I think there's a big seller in the market and once that person has done what they need to do in terms of selling out I think you'll see a recovery in this. It's on a 10% dividend yield, after dividend's tax it's eight percent - a great investment"

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

"Now that the US markets have sold off and they have picked up a bit again but I do think that they are going to go off again. There has been a couple of really nice blue chips that have been sold off a lot and one of them is Visa. For a long term player that is probably one of the best companies that you can pick up."

Viv Govender from Rand Swiss Offshore chose cash as his stock pick of the day.

"Unfortunately my stock pick is cash, I do think that the coronavirus is going to have a bigger impact than we think. The impact on Chinese growth rates for instance, it can possibly be 1% as some people are forecasting at the moment. I don't understand how you can have half the country locked down for two months and have your growth rate still be 5% for the year. It's been very difficult for China to hit that level even with its governments stimulus, so I do think that it is going to be a quite a rough ride for a while."

Robert Towell from Sasfin Securities chose US Tech stocks, particularly Amazon, Alphabet & Apple as his stock picks of the day. "I think the big IT sector overseas could sell-off and I still think that companies like Amazon and Apple who are coming into 5G in the next six months it's still the way to loo, and the sell-off will allow you entry into those sectors. So Google, Amazon and Apple will still be something that I'll look at."

Nesan Nair from Sasfin Securities chose Microsoft as his stock pick of the day. "I'm still going to go for a US company, I think Microsoft looks good and in my

view still growing earnings quite solidly. I think that's the one to look forward to in the next six to eight months."