A growth strategy that typically performs better in volatile periods such as this is Growth at a Reasonable Price or GARP. The strategy essentially combines growth and value investing. Instead of ignoring a company’s valuation, which many investors do with high-growth stocks, we only invest in growth stocks that look cheap.
This is very easy to accomplish with our POWR Ratings system. All we need to do is run a search for stocks that have an overall grade of A or B, a Growth Grade of A or B, and a Value Grade of B. This makes sure we’re checking all the boxes. G-III Apparel Group, LTD. (GIII), Alkermes plc (ALKS), and Methanex Corporation (MEOH) are three stocks that fit the bill.