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Picks and shovels: Should you buy and hold these types of stocks? And which ASX stocks fit into this category?

You might have heard the saying that it is better to own companies selling ‘picks and shovels’ rather than companies mining for them. This article addresses this argument, which is much contested one conducted amongst investors. What are the Best ASX Stocks to invest in right now? Check our buy/sell tips What is the picks…
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Stocks Down Under broke the news in on Tuesday, February 3, 2026.
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