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Growth At A Reasonable Price (GARP)
This week Brian takes a look at two stocks that are both growth names but they trade at low forward earnings multiples. This is an idea called Growth at a reasonable price or GARP.
Brian normally likes stocks that show growth and in the past he has chased a few with very high prices. Instead of the GARP idea he has employed the GAAP strategy as well and that stands for “growth at any price” but it hasn’t always worked out.
Brian selected Stoneridge (SRI - Free Report) and Smith & Wesson for this video and he highlights why he likes them in this seven minute gem.