Graeme Franck from PSG Wealth Sandton chose Shoprite as his stock pick of the day.

"So in light of tomorrow, and my expectation for interest rates, I do think that blue chip retailers should rerate in a declining interest rate environment and it just generally better consumer confidence. So, I'm gonna go for Shoprite, it's been very disappointing over the last year to 18 months. I looked over earlier and it peaked at a share price of R266. I think it closed today at R157/R158, so it's down 41% from its peak and if you look at again purely on the valuation perspective it's trading on a 12-month forward p/e of 16 or 17 times it doesn't sound hugely cheap but it's always been up in the 20s high twenties and Clicks and Dichem, those are all in the 20s, high 20s and a blue chip like Shoprite should be trading a little bit higher than it is."

Caroline Cremen from Adviceworx chose Visa Inc as her stock pick of the day."To build the offshore dividend Aristocrats portfolio you should be looking at Visa. Visa doesn't have a very high dividend yield but it has increased its dividend by over 30 percent annually over the past few years and it is a very cash flush company. Although very expensive at this point I think it should be picked up in a pullback, the cash flow is there, electronic payments is a growth story of the future so,another nice one for your offshore portfolio."

Robert Towell from Sasfin Securities suggests to look off shore as the rand continues to gain.

I think at the moment in South Africa we are going to get a rate cut which will be good for the economy but it puts a bit of strain on the banks so I would continue to look overseas, we are starting to get good earnings that have started to come out from the first quarter and if those continue we should have a good run into December. So, I would be looking overseas at the moment and if the rand hits R13,50 to the dollar I will be taking money off shore.

Independent Analyst Liston Meintjes chose Consolidated Infrastructure Grp as his stock pick of the day.

"I put a small company forward, it's called Consolidated Infrastructure. They had a terrible time as many people will know they went from R12 per share all the way down to R2 a share. This was all because of a group of bad stories and a case of over borrowing and having to go to the banks and renegotiate it. Nobody knew how they would get out of that but within that they have a couple of companies that actually are operating quite well and one of them has just been granted a $16 million contract with the Swazi government to install solar and that is wonderful news for somebody that has been on the ropes all this time. I'm not saying it's going to light up everything but it does mean that you can get back in the ring and fight."

Devin Shutte from The Robert Group chose Lerøy Seafood Group as his stock pick of the day

"My stock pick is one that's listed in Norway on the Oslo Stock Exchange, Lerøy Seafood Group. They farm salmon and you cannot think of a better place in the world than the icy west coast of Norway to farm salmon. Incredibly efficient farming, the feed ratios it one for one compared to beef which is 81. They have huge margins as five million people a day eat the Norwegian salmon and they've doubled earnings in over five years."

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

"If you haven't got your money out the country yet now is a good time to actually do it. The rand is at a fantastic level even though the offshore markets are just very expensive at this point, use the downturn to start to invest in blue chip dividend producing stocks. So the stock I've chosen this evening is Johnson & Johnson. It's always had an increasing dividend its dividend is going to be very stable even if there is a downturn, and if there is a downturn, you're protected by the dividend because you can use the dividend to increase your stake in the company and markets inevitably go back up so a nice one to start to a blue chip for your portfolio."

Warren Jeffery from Nedbank Private Wealth chose Mondi as his stock pick of the day."So my stock pick of the day is Mondi, it's a global trader with a strong dividend yield of almost 4%. It is also trading on a PE (Price Earnings) of around 10 times. Their global diversification comes from that income stream which used to be quite a cyclical business but is becoming more and more none cyclical. You have a chance to buy it at a relatively cheap price right now and is probably a long term safe bet."

Sam Mokorosi from Vunani Capital chose Gold Fields as his stock pick of the day.

We like Gold Fields, they have good margins, good interest cover, good CEO who's been around for donkey's years and we are quite keen on them at the moment."

Viv Govender from Rand Swiss Offshore chose to close the long on the rand as his stock option for this week

We saw a huge amount of interest coming in from our clients and if so many of our clients think that R14,10 to the dollar is a good time to get the money out of the country, many other people will also feel the same. I'm not saying go short on but I think it's a good thing to close the long on the rand at the moment.

Imtiaz Suliman from Sentio Capital chose Inditex SA as his stock pick of the day.

"My stock pick is Inditex, they are the owner of Zara clothing retailer. They have a very strong supply chain that they can turn on the taps very quickly when they see a product that is selling well in their stores. Their supply and production lines are the shortest amongst global retailers. So, they sell most of their product on full price rather than discounting, they run a very tight inventory management and their following into online which will benefit them going forward."