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

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