Garmin: A Cautious Buy, Navigating To The Future
GRMNGarmin(GRMN) Seeking Alpha·2024-01-23 12:46

Sean Gallup Thesis As technology penetrates almost every aspect of life, fitness and the outdoors could not have escaped. For a company that started as a navigation device manufacturer, today Garmin (NYSE:GRMN) has evolved into a comprehensive solutions provider for all things outdoors. In this analysis, I will explore the company's attributes, financial performance and offer a more in-depth look into its valuation. Over the past year, Garmin has recorded an impressive rally, gaining over 31% on a TTM basis ...