American investor and mutual fund manager Peter Lynch is best known for growth at a reasonable price approach to investing. Lynch is often associated with the PEG ratio which measures PE ratios in relation to growth rates. MarketSmith has created a custom screen based on Lynch’s investment style, which identifies securities that are trading for below-average prices on a PE or PEG basis and are not already widely owned by institutions.Here are 7 Indian stocks that match Peter Lynch’s approach to investing, as listed on MarketSmith:
Gold rises but investors stay cautious about ‘hawkish’ Fed tone
Gold prices saw a slight uptick on Tuesday, despite a minor dip in expectations for U.S. interest rate cuts. Investors are cautiously awaiting the Federal