Peter Lynch, the famed American investor and mutual fund manager, is widely known for his “growth at a reasonable price” investment approach. He is closely associated with the PEG ratio, which compares price-to-earnings (PE) ratios to growth rates. MarketSmith has developed a custom screen inspired by Lynch’s investment style, identifying securities that are trading at below-average prices on a PE or PEG basis and are not heavily owned by institutions.Here are 8 Indian stocks inspired by Peter Lynch’s investment style, as listed on MarketSmith:
Gold Price Today: Gold prices witness profit booking, trade lower by Rs 450/10g, silver down by Rs 700/kg
Gold and silver prices see a dip as investors book profits. This follows a rise due to cooling US inflation. MCX gold futures trade lower.