
Market Wrap - Stock Pick — US Stocks
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Robert Towell from Sasfin Securities chose US Stocks, in particular Amazon & Alphabet as his stock pick of the day.
"I think with trade concerns starting to abate and we're starting to see some good who needs coming out of the states, I think that America is still the place to look and I think (as I said the last time) some of these big tech and IT companies have sold off quite a lot so the Amazons and Apples are looking quite favorable at this stage. Steering clear of the unicorn so you want big cash
producing assets like Amazon and like a Google."
"I think with trade concerns starting to abate and we're starting to see some good who needs coming out of the states, I think that America is still the place to look and I think (as I said the last time) some of these big tech and IT companies have sold off quite a lot so the Amazons and Apples are looking quite favorable at this stage. Steering clear of the unicorn so you want big cash
producing assets like Amazon and like a Google."