Workflow
5 PEG-Based GARP Stocks to Buy Ahead of Elections
PSEGPSEG(US:PEG) ZACKSยท2024-07-17 13:45

Group 1 - Investors anticipate increased volatility in the equity market ahead of the U.S. presidential election, leading to a potential shift in sector performance based on voting outcomes [1] - A hybrid investment strategy is recommended to mitigate risks associated with external volatility, combining elements of both growth and value investing [1][2] Group 2 - The GARP (Growth at a Reasonable Price) investment strategy has gained traction, allowing investors to blend growth and value principles effectively [2][4] - The PEG (Price/Earnings Growth) ratio is a key metric for GARP investors, helping to identify stocks that are undervalued with solid growth potential [4][5] Group 3 - Five stocks exemplifying the success of the hybrid investing strategy include BRF S.A. (BRFS), Hilton Grand Vacations (HGV), B2Gold Corp. (BTG), Kinross Gold (KGC), and E2open Parent Holdings, Inc. (ETWO) [3] - BRF S.A. has a long-term expected growth rate of 36.7% and a Zacks Rank of 1, indicating strong investment potential [16] - Hilton Grand Vacations has a historical growth rate of 8.8% and a Zacks Rank of 1, making it an attractive value investment [11][17] - B2Gold Corp. boasts a growth rate of 23.5% for the next five years and holds a Zacks Rank of 1 [12] - Kinross Gold has a long-term expected growth rate of 29.7% and a Zacks Rank of 2, positioning it as a solid investment choice [19] - E2open has a long-term expected growth rate of 15.1% and a Zacks Rank of 2, highlighting its investment appeal [20]