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."