Look beyond the megacaps and investors can find fairly priced good companies

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It may be better for investors to own a fair company at a wonderful price than a wonderful company at a ridiculous price. Read more.

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Growth is typically easier to define because it’s based on a company’s ability to generate double-digit annual revenue increases with the expectation that will eventually translate into robust earnings. There are a lot of variables that can prevent these companies from achieving this goal and, therefore, investing in them is deemed to be higher risk, which makes sense given the greater return potential.

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