Growth at a Reasonable Price (GARP)

Growth at a Reasonable Price (GARP) is an investment approach that seeks to find stocks or assets with solid growth potential while trading at an affordable or fair valuation. Investors using GARP look for companies that are expanding their earnings and revenue but are not excessively overvalued compared to their actual financial performance. The goal is to balance growth prospects with reasonable prices, reducing the risk of overpaying for high-growth stocks. Essentially, GARP combines growth investing with value investing principles, aiming for steady, sustainable returns without paying too much upfront.