Nolwandle Mthombeni from Mergence Investment Managers chose Mr Price Group Ltd as her stock pick of the day.

"In this kind of environment there's lots of volatility and we've seen a lot of JSE companies suffering due to debt so my pick would be Mr. Price. Cash is king and in this kind of environments you don't want to be stuck with a company where there's lots of gearing. 84% of Mr. Price's sales are from cash so the balance sheets are strong bearing in mind we had the GDP prints just a few weeks ago suggesting that there might be a potential contraction. Mr. Price might be expensive and has moved a lot in the last couple of days but it's a strong company and their cash generation is high."

Viv Govender from Rand Swiss Offshore chose Oil as his stock pick of the day."Right now my pick is the oil price, at around $60/$61 a barrel is very good to get into. I do think it may go lower with another $10 and with the Shell guys breaking beyond even they will also be losing money there. Shell is one of the reasons that we have seen the oil prices come down. I do think there is a lot of upside possibility as a number of producers out there are really vulnerable. "

Imtiaz Suliman from Sentio Capital chose Libstar Holdings as his stock pick of the day.

"I'm going for Libstar, the company is a food manufacturer based in South Africa with a number of brands including Lancewood and they also do private manufacturing for the retailers which is the private label products. It's a very innovative company which has been rolling out new products and that has been driving growth in this business. They are challenging establish businesses like Tiger Brands, Rhodes and Pioneer foods to some extent. We think that this is a structural growth opportunity that will continue to grow in South Africa."

Craig Pheiffer from Absa Stockbrokers and Portfolio Management chose United Technologies as his stock pick of the day. "I have previously looked at United Technologies, it's a company that operates in the aerospace technology industry and they produce the Pratt & Whitney jet engines and just over the course of the last week they announced a merger with Raytheon who is also in the aerospace industry. This merger is bringing in two substantial companies which will create a new global aerospace giant and technology company."

Nick Kunze from Sanlam Private Wealth chose Investec as his stock pick of the day. "So we have been looking at the banks, they have been bouncing back quite nicely and in that sector we quite like Investec at the moment. There will be a big value unlock when the asset management business does get that secondary listing."

Sam Mokorosi from Vunani Capital chose MTN as his stock pick of the day. "One company that seems to be pulling itself out of a mess is MTN, all the issues around Nigeria being a damper on their performance, but, they have come out with a fairly sensible disposal strategy and they have started to act on that. They are also shareholders of Jumia which is listed on the NY stock exchange. It is a strong West-African e-commerce platform and although they are looking to come out of that, they have done well in that investment."

Nesan Nair from Sasfin Securities chose British American Tobacco as his stock pick of the day.

"I'm going with British American Tobacco, it has been sold down heavily. I think the rand weakness filtering into the positive movement in the share price today and yesterday but all the rand hedges accross the board I think are still reasonable bets in the current environment."

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

"I'm going to be a bit on the dangerous side and going for EOH. They appointed a new Chairman, he is a heavy weight, highly regarded person and simply ads to the management capital they already have there. I think the reputational issues at EOH are being dealt with, they still have some very good assets and business seems to be restructuring properly. Although I wouldn't put it in my retirement portfolio but I think it is due for a bit of recovery this year.

Martin Smith from Anchor Securities chose Amazon.com as his stock pick of the day and Robert Towell from Sasfin Securities chose to stay in cash

Smith said: "On the back of the news out of the USA with regards to all the anti-trust issues we saw the "FANGS" take a bit of a knock. I use that as an opportunity to top us on a few shares there and I think Amazon is the pick of the bunch though."

Towell said: "I also like the FANGS, I think they were sold off quite aggressively but I think you can still wait and I think there is still a lot of noise coming through around the regulations in these big IT companies. I would rather stay in cash for the next week or so to see how the trade war pans out and how Trump finishes off in England."

Graeme Franck from PSG Wealth Sandton chose Mondi as his stock pick of the day "We really like Mondi, just six months ago the share price was R420 and it's now down almost exactly to R300 which is where it was two years ago. This is a very well managed global business on a PE (price earnings ratio) of roughly ten times and the whole world's going anti-plastic and they're quite strong in the cardboard and non plastic packaging materials so they are well positioned for the future."