(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.
Source: cnbc.com