Garmin Rises 34% Year to Date: How Should You Play the Stock?
Garmin(GRMN) ZACKS·2024-09-18 01:01
Garmin (GRMN) shares are up 34.4% year to date (YTD), outperforming the broader Zacks Computer and Technology sector's return of 19.9% and the Zacks Electronics-Miscellaneous Products industry's appreciation of 12.3%. This outperformance can be attributed to its strong top-line growth backed by robust portfolio presence across multiple business segments, including Outdoor, Fitness, Aviation and Marine. Garmin's growing efforts toward product innovation, diversification and market expansion are boosting the ...