Credit Suisse says use this market volatility to buy these 'GARP' names for the long term

  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

New for subscribers: Credit Suisse says use this market volatility to buy these 'GARP' names for the long term Check out CNBCPro and get your first 7 days free.

Spencer Platt | Getty ImagesThe historic rout drove stocks into a bear market at the fastest pace ever, but in the meantime, it also pushed down valuations to a great extent.

Credit Suisse said the time is ripe for long-term investors to add a special class of shares: GARP stocks. This means "growth at a reasonable price" and is somewhere in between a growth stock and value stock. Some investors believe this strategy is the sweet spot of investing.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro Dont do this please!!! People will unfollow u

Pro So you click bait to a paid site? I guess I can unfollow and hope CS is getting a kick back.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines