Buy Hold Sell: 3 stalwart stocks (and 2 that no longer make the grade)

There are some companies that seem to have been around forever, delivering year in and year out. 

Just like a trusty car that has done 500K clicks but still runs like new, a favourite pair of blue jeans that can't be thrown away, or a reliable childhood friend, these stocks have been woven into the fabric of Australian investing - and most investors, both punter and professional alike, are likely to have run the ruler over these companies' balance sheets at various points in time. 

So, which stocks are quintessential ASX names and, more importantly, are they worth investing in right now?

To help answer those questions, Livewire's Ally Selby was joined by Perpetual Asset Management’s Anthony Aboud and WaveStone Capital’s Catherine Allfrey for their analysis of three ASX stalwart stocks (all with 27 years or more listed history). 

Plus, they also share one ASX-listed company they have covered extensively over their investing careers that is no longer in their good books. 

Note: This episode was filmed on Tuesday 17 October 2023.