$Gqg Partners Inc.(GQG.AU)$Everyone is scared of growth stock now but not all growth stocks are equal. 

GQG Partners (ASX: GQG), was the ASX’s largest IPO in 2021, raising $1.2 billion on an initial $5.9 billion market cap. The company launched at $2 a share but is now down 24% to $1.52. With US$91.3 billion under management, up from US$85.8 billion in September, the company invests in active equity portfolios. CIO and Chair Rajiv Jain has recently pivoted away from tech stocks, saying ‘technology is no longer the next growth spot; it’s yesterday’s growth spot.’ The company is now concentrating on base metals, utilities, and healthcare. It’s also investing heavily in emerging markets, including China. Morgans analyst Scott Murdoch has the stock as a ‘sector recommendation,’ with an ‘attractive valuation relative to flows momentum, earnings quality and growth potential.