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What is growth at a reasonable price?

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What is growth at a reasonable price?
 

 
Growth at a reasonable price (GARP) is an investing concept that is a combination of growth and value styles of investing. Here, the investor looks for stocks of companies that offer growth potential that is above the market average rate but, at the same time, excludes stocks of those companies which seem overvalued by market standards. Usually, GARP investors look for high-growth stocks at low PE.
 
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