The best picks among lithium stocks from $7b Argo

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Demand should exceed supply in lithium for five years, while big gas producers Woodside and Santos are poised for a purple patch.

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Argo, which has 96,000 shareholders, has not been able to hold its annual meeting in person in the first two years of the pandemic, but came back in a face-to-face setting in Adelaide on Monday. At the end of September, Argo’s top holding was Macquarie Group, which comprised 6.4 per cent of its total portfolio, followed by BHP at 5.6 per cent and CSL at 5.5 per cent. Santos was its 11th largest holding.

 

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