GARP (Growth at a Reasonable Price)

GARP, or Growth at a Reasonable Price, is an investment strategy that seeks to find stocks with solid growth potential that are not overvalued. Investors use GARP to balance the desire for companies that grow quickly with the need to pay a fair or modest price for those growth prospects. The idea is to buy shares of companies that are expected to grow earnings steadily over time but are currently priced reasonably, avoiding overly expensive stocks stoked by hype. This approach aims for a middle ground between growth investing and value investing, focusing on sustainable growth at sensible valuations.