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Zacks.com featured highlights include: AutoNation, AMN, Olin, Franchise, and Harley-Davidson

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For Immediate Release

Chicago, IL – November 16, 2021 – Stocks in this week’s article are AutoNation (AN - Free Report) , AMN Healthcare Services (AMN - Free Report) , Olin Corp. (OLN - Free Report) , Franchise Group (FRG - Free Report) and Harley-Davidson (HOG - Free Report) .

5 Finest PEG Stocks for GARP Investors

The investing track of the Oracle of Omaha over the past few decades shows a gradual shift from being a pure-play value investor to a GARP (growth at a reasonable price) investor. The logic behind this is the effectiveness of a mixed investment strategy over pure play, value or growth approaches of investments.

Several stocks, which have surged significantly in the recent past, show an overwhelming success of this hybrid investing strategy over pure-play value and growth investments. Here we will discuss the success of five such stocks.

A Few More Words on GARP

A pure-play value investor misses the chance of betting on stocks that have bright long-term prospects. In the same way, growth investors often end up investing in expensive stocks. In other words, to make a long-term investment more effective, the principles of both value and growth strategies need to be combined.

The quest for a mixed investment strategy led to the introduction of the GARP approach. What GARPers look for is whether the stocks are somewhat undervalued and have solid sustainable growth potential (Investopedia).

One of the fundamental metrics for finding GARP is the price/earnings growth ratio (PEG). Although it is categorized under value investing, this strategy follows the principles of both growth and value investing.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1827827/5-finest-peg-stocks-for-garp-investors

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

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Strong Stocks that Should Be in the News

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