With mega-cap tech names dominating many equities conversations in recent quarters, investors might be seeking an alternative with a bit more breadth. So-called GARP stocks—named because of their potential to provide "growth at a reasonable price"—aim to combine elements of value and growth names in a single investment.
Unlike the dominant tech names that have soared even further in the last year, GARP stocks tend to be more modestly sized, with lower valuations but strong potential for growth across different fundamental metrics. Investors searching for GARP names might start with the three companies below, combining value and growth traits.
