Deryck Janse van Rensburg from Anchor chose Mastercard as his stock pick of the day and Jean Pierre Verster from Protea Capital Management chose Alimentation Couche-Tard .

Janse van Rensburg said: "I'm going with Mastercard, obviously listed in the US and a little bit boring from what we've been used to in the past but I'm taking a little bit of a defensive approach. It has come off its recent highs of around just under 290, down to just above 250 and if I just go back and look at the third quarter to the fourth quarter spending patterns, you can see that that's increasing so there's a bit of a sequential recovery taking place."

Verster said: "I picked this stock roughly two years ago and I think now is a good time again. It's a Alimentation Couche-Tard, a Canadian listed company and it's a significant global owner of convenience stations and fuel stations of which the main brand is Circle K. So if you think about it, when you stop and refuel your car and you quickly going to the shop right at the fuel station, that's what they do, that's what they own. Normally the types of produce that they sell; the chips and the cigarettes are very high margin products so they make very good profits. They are very cash generative and they've have a very good mix of both organic growth and acquisitive growth."