An ASX 50 stock that we think meets the criteria of “reasonable growth, yield, and price” for the medium term is AGL Energy (ASX:AGL). It is an integrated energy company and owner, operator and developer of renewable energy generation in Australia. AGL is generating circa 10% p.a. EPS growth and is trading on a 12-months forward dividend yield of 3.75%. The dividend has the added advantage of being 100% franked. The 12-months forward PE multiple of 17 times is not excessive for a company of this quality. Some other ASX 50 stocks offer a higher dividend yield but either lack the sustainable earnings growth, the 100% franking or are trading on a much higher PE multiple. We think AGL offers a good blend of these characteristics, has a sustainable competitive advantage and is well positioned for a future involving greener energy.