Finance

5 GARP Investment Strategy Stock Gems: Picking PPC, PARA, HRB, and THC

Published August 21, 2024

Growth at a reasonable price (GARP) is an investment strategy that blends aspects of growth investing and value investing. It looks for companies that are showing consistent earnings growth above broad market levels but are reasonably priced considering their anticipated growth. Among such investment opportunities, there are specific stocks that stand out with their potential and discounted Price/Earnings to Growth (PEG) ratios. We delve into four such stocks — PPC, PARA, HRB, and THC — which cater to this investment philosophy.

Pilgrim's Pride Corporation PPC

Pilgrim's Pride Corporation, with its vast portfolio of chicken and pork products, has a presence not only in the US but also internationally. Situated in Greeley, Colorado, PPC ensures a stable supply to retailers, distributors, and food service providers, making it an attractive stock under the GARP investment strategy.

Paramount Global PARA

Paramount Global operates as a worldwide media powerhouse from its headquarters in New York, New York. Its entertainment-oriented business model provides constant earnings growth potential, aligning perfectly with GARP fundamentals.

H&R Block, Inc. HRB

H&R Block, Inc. is known for its income tax return preparation services offered through various channels, catering to a broad customer base in the US, Canada, and Australia. Headquartered in Kansas City, Missouri, HRB's services are essential, recession-resistant, and their stock has a favorable PEG ratio for GARP investors.

Tenet Healthcare Corporation THC

Tenet Healthcare Corporation is a leader in healthcare services with a diversified portfolio, headquartered in Dallas, Texas. The healthcare sector often presents robust growth opportunities and THC stocks align with the GARP strategy as they combine promising growth with reasonable market pricing.

GARP, Investment, Stocks