Greg Katzenellenbogen from Sanlam Private Wealth chose Glencore PLC as his stock pick of the day and Gerbrand Smit from NEFG Fund Management chose Sasol

Greg Katzenellenbogen from Sanlam Private Wealth chose Glencore because "the outlook for Glencore is that other company's production has been slowing as they haven't wanted to put a significant amount of CAPEX in so that has hardened commodity prices. Glencore is going to reduce the amount of coal they sell, which will push up the price of coal. Over the next twelve months, I do expect that you should get a good return and that Glencore will play catch-up with BHP and the likes"

Gerbrand Smit chose Sasol and says that "I still think at R440 a share it still offers a lot of value. In the normal oil market you probably are looking at around R500 per share for the normal business. Sasol is also doing the ethane cracker in the US that we think will add to their profits and if they get this right the company could be re-classifieds as a chemical company which will bring another 20 to 30% upside if they do get valued as a chemical company and not an oil company.