Garmin Stock Analysis
Want to lose money fast?
Invest in a consumer discretionary tech stock.
These companies soar in value, only to come crashing down.
Which is why Garmin Ltd. ($GRMN) surprised me.
This is an established, consumer discretionary dividend stock. And a long-term market-beater.
In today’s article, I’ll share what Garmin does.
And why it might be a good investment.
What Does Garmin Do?
Garmin is a tech company that makes GPS systems, smartwatches, fitness trackers, satellite communicators, sonar scanners, and other advanced navigation / communication devices.
Peter Lynch recommends looking around you for investment ideas.
And I became interested in Garmin after noticing a large number of people wearing the company’s fitness trackers at the gym.
Going into my research, I had no expectations for Garmin. Initially believing this would be yet another consumer discretionary penny stock with lackluster returns.
But what I found surprised me…
Garmin Fundamental Stock Analysis
When you think of consumer discretionary tech stocks, you picture businesses like…