Welcome to Extreme Investor Network, where we provide you with the latest and greatest in investing insights. Today, we are diving into the world of GARP investing, which stands for “growth at a reasonable price.”
Even though the stock market has been on a tear in 2024, there are still opportunities for investors to find companies with growth potential at a bargain. The S & P 500 saw a strong 10.2% jump in the first quarter, but the energy sector is the only one in the green so far in April. With the technology sector taking a slight dip, it’s important for investors to find stocks that offer both growth potential and attractive valuations.
Our screening process at Extreme Investor Network has uncovered a diverse array of GARP opportunities across the S & P 500. These companies have shown earnings per share growth over 10%, sales growth over 10%, and are trading at a discount relative to their sector on a next 12-month basis.
Some of the exciting names on our GARP list include Royal Caribbean, Las Vegas Sands, Yum Brands, Cigna Group, and Cardinal Health. Royal Caribbean and Las Vegas Sands are expected to see earnings grow by over 40% this fiscal year, while Yum Brands is estimated to have a 12% increase in earnings per share in 2024. Cigna Group and Cardinal Health also present compelling opportunities, with earnings growth estimates of 13.3% and 26% respectively.
At Extreme Investor Network, we aim to provide our readers with unique insights and actionable information to help them navigate the stock market. Stay tuned for more investing tips and opportunities to maximize your portfolio’s growth potential.
