Sekgabo Molelekoa from Umthombo Wealth chose CMH (Combined Motor Holdings) as her stock pick of the day and Gary Booysen from Rand Swiss chose MSCI World Index tracker.

Molelekoa said: "I choose CMH (Combined Motor Holdings) and we've seen it being very defensive, even in the way their vehicle results were falling. They are highly cash generative with around R514 million on a market cap of around R1,6 billion. Also when you compare them to peers, they are SA centrica so they are geared toward an economic upturn. They have the correct product mix since we've seen a big fall-off in luxury vehicle sales, they are able to compensate for that. Their dividend yield is also superior to their competitors, sitting at around 8%."

Booysen said: "I have an interesting stock pick, although I am restricted to the actual name of the stock pick, anyone with a decent financial advisor should know what I am referring to. A company that is listed in Bermuda and it essentially tracks the MSCI World Index. When you get this stock, you get total capital protection plus a 3% coupon over a 3.8 year period. On the upside you get two times gearing after the 3% up to a cap of 34% so in a moderate market you will outperform MSCI World every time."