In doing a GARP screen the other day, I was surprised by the top five picks it turned up. But before I reveal their names, you might be wondering, “What the heck is GARP?”#-ad_banner-# If you’ve never heard of GARP, it has nothing to do with the John Irving novel “The World According to Garp.” GARP’s roots go back to a 1949 book, “The Intelligent Investor,” by Benjamin Graham, which has the distinction of being called “the best book on investing ever written” by… Read More
In doing a GARP screen the other day, I was surprised by the top five picks it turned up. But before I reveal their names, you might be wondering, “What the heck is GARP?”#-ad_banner-# If you’ve never heard of GARP, it has nothing to do with the John Irving novel “The World According to Garp.” GARP’s roots go back to a 1949 book, “The Intelligent Investor,” by Benjamin Graham, which has the distinction of being called “the best book on investing ever written” by Warren Buffett. Known as the father of security analysis and value investing, Graham believed investors should consider both future growth (measured through fundamentals) and present price of a stock to identify value. I set my GARP screen to evaluate companies based on dividend growth rate, trailing price-to-earnings (P/E) and price-to-book (P/B) ratios, earnings per share (EPS) growth,… Read More