We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Growth at a Reasonable Price or GARP is an investment strategy that focuses on stocks with strong growth potential trading at attractive prices. It seeks to combine the best aspects of both growth investing and value investing.
GARP strategy was popularized by Peter Lynch, the legendary manager of the Fidelity Magellan Fund from 1977 to 1990. Under his management, the Magellan Fund delivered an average annual return of 29% over 13 years.
Definitions of GARP stocks can vary, but stocks are generally selected using a combination of earnings growth and valuation metrics. This difference in definitions has resulted in significant differences in the performance of two GARP strategy ETFs.
The iShares MSCI USA Quality Factor ETF (GARP - Free Report) selects 135 stocks exhibiting favorable value and quality characteristics. The selection process begins with the MSCI USA Index. NVIDIA (NVDA - Free Report) , Microsoft (MSFT - Free Report) , and Apple (AAPL - Free Report) are currently its top holdings, while the Information Technology sector accounts for about 47% of the portfolio.
The Invesco S&P 500 GARP ETF (SPGP - Free Report) selects 75 securities in the S&P 500 Index that have the highest “growth scores” and “quality and value composite scores.” NVIDIA, Super Micro Computer (SMCI - Free Report) , and Uber Technologies (UBER - Free Report) are its top holdings.
To learn more about these ETFs, please watch the short video above.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
How to Find Attractively Priced Growth Stocks
Growth at a Reasonable Price or GARP is an investment strategy that focuses on stocks with strong growth potential trading at attractive prices. It seeks to combine the best aspects of both growth investing and value investing.
GARP strategy was popularized by Peter Lynch, the legendary manager of the Fidelity Magellan Fund from 1977 to 1990. Under his management, the Magellan Fund delivered an average annual return of 29% over 13 years.
Definitions of GARP stocks can vary, but stocks are generally selected using a combination of earnings growth and valuation metrics. This difference in definitions has resulted in significant differences in the performance of two GARP strategy ETFs.
The iShares MSCI USA Quality Factor ETF (GARP - Free Report) selects 135 stocks exhibiting favorable value and quality characteristics. The selection process begins with the MSCI USA Index. NVIDIA (NVDA - Free Report) , Microsoft (MSFT - Free Report) , and Apple (AAPL - Free Report) are currently its top holdings, while the Information Technology sector accounts for about 47% of the portfolio.
The Invesco S&P 500 GARP ETF (SPGP - Free Report) selects 75 securities in the S&P 500 Index that have the highest “growth scores” and “quality and value composite scores.” NVIDIA, Super Micro Computer (SMCI - Free Report) , and Uber Technologies (UBER - Free Report) are its top holdings.
To learn more about these ETFs, please watch the short video above.