Gary Booysen from Rand Swiss chose Walt Disney Company as his stock pick of the day and Nick Crail from Ashburton Investments chose Sanlam Limited

Booysen said: “I'm going to go with the Walt Disney Company; the company has been under an enormous amount of pressure recently, partly because there's been a management shakeup and I think that always get shareholders a little bit a big money spinner for them is still their theme parks and obviously with the shutdown of operations with the coronavirus is going to impact and come through in q1 numbers. We've seen the stock being really punished but looking forward I think with their new streaming service is going to be very interesting. Disney has an enormous amount of content and in the streaming business I think content is king and the ability to deliver that content. I think if you if you're looking out for five years and you're looking for a company with a long track record and very stable earnings over time that has unfortunately just been punished with a bit of bad news flow; I think this potentially is a good time to start accumulating.”

Crail said: “I’m going with Sanlam, just having a look at where there's value in the South African system at the moment you talk about defensive orientated quality companies that really have delivered and then those that have taken a significant bloodbath, of which Sanlam certainly is one of those sort of companies. This was probably around R94 a couple of years ago, granted I think it got pushed up to those sort of valuations at that point however, one third of that and the company itself has probably got more diversified and has longer-term better optionality for growth over the longer term so certainly, I think it’s very attractive these sort of levels.”