GROWTH AT A REASONABLE PRICE - GARP
Equity investment technique seeking to combine tenets of both growth and value investing to look for individual stocks. GARP investors search for firms showing consistent earnings growth above wide market levels but excluding firms with very high valuations or value investing. It aims to get away of either growth or high valuation; thus, leading these investors to seek growth-oriented stocks with low price/earnings (P/E) multiples in a usual market situation.
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