3 ‘Pick and Shovel’ Stocks for the Tech Industry - Paul Price

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3 ‘Pick and Shovel’ Stocks for the Tech Industry
Apr 18, 2008 03:05 PM UTC

Paul Price

Return	Risk
-5.27%	MID

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Profile & Performance

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Symbol	Sentiment	Start	Return	Closed
AVT		04/18/08	-5.05%	--
ARW		04/18/08	-13.79%	--
IM		04/18/08	+7.56%	--

Via Long Investment Ideas from Seeking Alpha:

In America’s great Gold Rush in the 1800’s many prospectors went bust
looking for gold while the real money was being made in outfitting them with
picks, shovels and other equipment needed for the endeavor. In today’s world
where technology changes quickly perhaps it’s time to be investing in the
equivalent companies that supply to the ‘prospectors’ [read: tech manufacturers]
rather than the innovators themselves.

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