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Sky-High Valuations? Go with Growth at a Reasonable Price
As investors well know, there’s growth investing and there’s value investing. The concept of growth at a reasonable price (GARP) fills the gap between the two, and it’s accessible with the Barron’s 400 ETF (NYSEArca: BFOR ) . “Some investors have sought to bridge the Value–Growth divide through a hybrid strategy, opting for the growth at a reasonable price (GARP) approach popularized by Fidelity manager Peter Lynch ,” according to the CFA Institute .
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