Stock pick — Investec
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Steven Schultz from Momentum chose Investec as his stock pick of the day.
"My stock pick this evening is not necessarily the most loved sector being financial services and banking in particular. I do believe that Investec is a well poised for a recovery in the sector. It's still some way off its 2015 highs and I do think it is well placed for a bit of an earnings recovery in the second half of this calendar year."
"My stock pick this evening is not necessarily the most loved sector being financial services and banking in particular. I do believe that Investec is a well poised for a recovery in the sector. It's still some way off its 2015 highs and I do think it is well placed for a bit of an earnings recovery in the second half of this calendar year."
