Mark du Toit from Oyster Catcher Investments chose Standard Bank as his stock pick of the day and Zwelakhe Mnguni, Benguela Fund Managers chose AutoNation.

du Toit said: "We like the SA banking sector and within that Absa and Standard Bank. Standard Bank in particular has been a little bit weaker than the rest over the last few weeks and that possibly because of a market participants of maybe worrying about a slow vaccine roll out into Africa. But I think if you want to make a decent return over a three or four year period I think you can buy a Standard Bank."

Mnguni said: "I'm going to go with something that is in the US, AutoNation. It's a vehicle dealership that is very well run, excellent returns and they have been doing very well in terms of the profit per vehicle. On non-vehicle sales elements they've been managing their cost very well and they've been extremely good at generating profits."