Garmin Up 40.6% Year to Date: How Should You Approach the Stock?
GRMNGarmin(GRMN) ZACKS·2024-08-31 02:25

Garmin‘s (GRMN) shares have gained 40.6% year to date compared with the industry’s return of 15.3%. It has also outpaced the Zacks Computer & Technology sector’s rise of 20.3% and the S&P 500 index’s appreciation of 17.3%.The company has been benefiting from its portfolio strength which is driving its momentum across various end-markets like automotive, marine, healthcare and aviation. Growing efforts toward product innovation, diversification and market expansion are benefiting the performance of its segme ...