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growth at a reasonable price (GARP)

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growth at a reasonable price (GARP)
The strategy of investing in stocks with growth potential but only when the stocks are reasonably priced relative to the overall market. GARP investors generally search for a favorable combination of earnings growth (higher is better) and price-earnings ratio (lower is better).
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Dong, 46, joined Munder Capital in 1988 as a portfolio manager for the firm's Growth at a Reasonable Price (GARP) investment discipline.
Munder Capital Management Names Tony Dong Vice Chairman by Business Wire
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