Credit Suisse says use this market volatility to buy these 'GARP' names for the long term - CNBC

Traders work on the floor of the New York Stock Exchange (NYSE) on March 16, 2020 in New York City.

Spencer Platt | Getty Images

(This story is for CNBC Pro subscribers only.)

The historic rout drove stocks into a bear market at the fastest pace ever, but in the meantime, it also pushed down valuations to a great extent. Credit Suisse said the time is ripe for long-term investors to add a special class of shares: GARP stocks. This means "growth at a reasonable price" and is somewhere in between a growth stock and value stock. Some investors believe this strategy is the sweet spot of investing.

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Credit Suisse says use this market volatility to buy these 'GARP' names for the long term - CNBC
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