Investment Themes
The GARP style stands for Growth at a reasonable price. Companies of sufficient size and liquidity that meet quantitative criteria relating to sales growth and earnings per share over the medium and long term, based on past data as well as estimates for the future, are selected.
Next, a valuation filter is applied to ensure that only companies with a reasonable valuation are selected. The valuation filter then ranks companies by price, comparing their capitalization and/or enterprise value with their sales (EV/Sales), operating income (EV/EBIT), net income (P/E) and free cash flow (P/FCF), to retain only the least expensive.
Several geographical zones are proposed. The global list includes companies listed on the world's main financial markets. The other lists are regional: North America (USA, Canada), Europe, Asia (Japan, Australia, Singapore, Hong Kong), Emerging Markets, UK, France, Germany, Switzerland, Netherlands and Italy.
Our selection
| Consumer Cyclical | Other Apparel & Accessories | 1.43B | +7.15% | ||
| Basic Materials | Other Gold | 5.1B | +13.33% | ||
| Consumer Non-Cyclical | Other Fishing & Farming | 1.69B | -6.87% | ||
| Consumer Cyclical | Other Auto & Truck Manufacturers | 30.94B | +26.03% | ||
| Industrials | Electrical Measuring & Testing Instruments | 3.41B | +40.51% | ||
| Industrials | Heavy Trucks | 13.58B | +39.75% | ||
| Industrials | Courier Services | 10.52B | +28.26% | ||
| Consumer Cyclical | Sports & Outdoor Footwear | 1.43B | -12.21% | ||
| Basic Materials | Primary Aluminum Production | 9.24B | +2.04% | ||
| Consumer Non-Cyclical | Supermarkets & Convenience Stores | 2.17B | +21.05% | ||
| Consumer Cyclical | Other Apparel & Accessories | 6.41B | +3.96% | ||
| Consumer Non-Cyclical | Other Brewers | 5.35B | +14.16% | ||
| Consumer Cyclical | Other Auto, Truck & Motorcycle Parts | 8.41B | -9.50% | ||
| Consumer Non-Cyclical | Supermarkets & Convenience Stores | 2.72B | +29.98% | ||
| Technology | Other Semiconductors | 898B | +181.87% | ||
| Technology | Other Phones & Handheld Devices | 1,242B | +132.69% | ||
| Consumer Cyclical | Residential Builders - Multifamily Homes | 1.92B | -5.65% | ||
| Basic Materials | Gold Refining | 132B | +0.32% | ||
| Industrials | Other Shipbuilding | 12.13B | +13.51% | ||
| Basic Materials | Other Specialty Mining & Metals | 15.45B | +15.39% | ||
| Real Estate | Other Real Estate Development & Operations | 1.38B | +25.92% | ||
| Technology | Other Wireless Telecommunications Services | 8.17B | +12.72% | ||
| Consumer Cyclical | Retail - Department Stores | 1.43B | +28.33% | ||
| Consumer Cyclical | Other Auto, Truck & Motorcycle Parts | 43.37B | +110.19% | ||
| Consumer Cyclical | Other Auto, Truck & Motorcycle Parts | 2.13B | +50.99% | ||
| Technology | Security & Surveillance | 1.7B | -0.69% | ||
| Basic Materials | Other Gold | 40.97B | +3.23% | ||
| Consumer Non-Cyclical | Special Foods & Wellbeing Products | 14.78B | +32.99% | ||
| Technology | Other Electronic Equipment & Parts | 3.51B | +11.18% | ||
| Real Estate | Other Real Estate Development & Operations | 3.84B | +21.89% | ||
| Industrials | Other Heavy Electrical Equipment | 8.57B | +0.90% | ||
| Technology | Social Media & Networking | 1.64B | -21.09% | ||
| Financials | Securities & Commodity Exchanges | 1.22B | +1.76% | ||
| Consumer Cyclical | Other Auto & Truck Manufacturers | 6.02B | -5.48% | ||
| Real Estate | Other Real Estate Development & Operations | 16.91B | -9.31% | ||
| Basic Materials | Mining Machinery & Equipment Manufacturing | 5.17B | +36.72% | ||
| Consumer Cyclical | Sportswear & Outdoors Clothing | 28.04B | -3.29% | ||
| Basic Materials | Cement & Concrete Manufacturing | 4.03B | +152.79% | ||
| Real Estate | Other Real Estate Development & Operations | 29.21B | -15.44% | ||
| Real Estate | Residential Real Estate Development | 1.36B | -5.81% | ||
| Real Estate | Residential Real Estate Development | 1.63B | -24.98% | ||
| Industrials | Other Heavy Machinery & Vehicles | 4.29B | -0.23% | ||
| Consumer Non-Cyclical | Food Ingredients | 1.96B | +25.40% | ||
| Consumer Non-Cyclical | Other Drug Retailers | 3.15B | +6.47% | ||
| Consumer Cyclical | Other Apparel & Accessories Retailers | 2.75B | +1.78% | ||
| Consumer Non-Cyclical | Frozen Food Manufacturing | 4.87B | +29.29% | ||
| Basic Materials | Cement & Concrete Manufacturing | 5.55B | -12.88% | ||
| Technology | Other Computer Hardware | 1.67B | +26.35% | ||
| Consumer Cyclical | Beauty Supply Shop | 1.95B | +27.65% | ||
| Consumer Cyclical | Automotive Body Parts | 1.54B | +2.18% | ||
| Consumer Cyclical | Automobiles & Multi Utility Vehicles | 7.5B | +1.57% | ||
| Basic Materials | Other Commodity Chemicals | 30.33B | +43.30% | ||
| Basic Materials | Nonferrous Metal Processing | 17.88B | -7.90% | ||
| Industrials | Integrated Logistics Operators | 12.81B | +47.01% | ||
| Consumer Cyclical | Automobiles & Multi Utility Vehicles | 46.2B | +38.18% | ||
| Technology | Other Integrated Telecommunications Services | 23.47B | +9.76% | ||
| Industrials | Building Contractors | 3.57B | -11.74% | ||
| Utilities | Water Supply & Irrigation Systems | 2.57B | +3.36% | ||
| Real Estate | Other Real Estate Services | 1.65B | -0.84% | ||
| Consumer Cyclical | Other Apparel & Accessories | 6.38B | -2.24% | ||
| Technology | Wireless Telecom | 13.14B | -2.88% | ||
| Healthcare | Generic Pharmaceuticals | 7.62B | +25.39% | ||
| Consumer Non-Cyclical | Bread & Bakery Product Manufacturing | 2.26B | -16.90% | ||
| Real Estate | Residential Real Estate Services | 1.93B | +1.92% | ||
| Consumer Non-Cyclical | Cigars & Cigarette Manufacturing | 12.74B | +28.15% | ||
| Consumer Cyclical | Tire & Tube Manufacturers | 5.07B | +1.54% | ||
| Consumer Non-Cyclical | Other Non-Alcoholic Beverages | 5.41B | +45.41% | ||
| Consumer Cyclical | Carpets & Curtains | 3.13B | -7.34% | ||
| Consumer Cyclical | Other Tires & Rubber Products | 6.28B | -17.92% | ||
| Consumer Cyclical | Other Appliances, Tools & Housewares | 88.95B | +2.48% | ||
| Consumer Non-Cyclical | Animal Feed | 11.15B | -17.10% | ||
| Basic Materials | Other Steel | 7.87B | +1.89% | ||
| Healthcare | Other Pharmaceuticals | 6.31B | -10.05% | ||
| Healthcare | Other Pharmaceuticals | 2.31B | -27.80% | ||
| Technology | Wireless Telecom | 9.85B | +11.99% | ||
| Basic Materials | Iron Ore Mining | 8.01B | +4.06% | ||
| Technology | Internet Gaming | 74.42B | -13.37% | ||
| Industrials | Other Electrical Components & Equipment | 8.95B | -3.13% | ||
| Technology | Other Wireless Telecommunications Services | 18.03B | +8.10% | ||
| Consumer Non-Cyclical | Cookie, Cracker & Pasta Manufacturing | 1.06B | +18.61% | ||
News of the components
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