Jun 29, 2009 - 1:52 PM EDT
Value Expectations submits:As some investors may believe the market is starting to show "signs of recovery", many of the over 200 institutional firms The Applied Finance Group ((AFG)) works with can always take advantage of identifying mispriced securities. While some of AFG’s clients might have a specific focus on growth or value, most subscribe to the practice of buying growth at a discount (growth at a reasonable price GARP) and avoiding “value traps.”
In October 2008 AFG released the study, Then and Now, discussing the low expectations priced into the market
Source: Seeking Alpha (Jun 29, 2009 - 1:52 PM EDT)