Garmin (GRMN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Garmin (GRMN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
GRMN is well-positioned for sustained growth due to its continuous product innovation, which investors can see as a compelling entry point in 2025.
Electronics stocks like GRMN, MIELY and HAYW are expected to benefit from investments in infrastructure and expanded capacity despite macroeconomic headwinds.
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Garmin (GRMN) closed the most recent trading day at $208.77, moving +1.04% from the previous trading session.
GRMN's Fitness, Outdoor and Marine products are going to be the key growth drivers for Garmin in the upcoming quarters.
Garmin (GRMN 2.13%) reported its fourth-quarter and full-year 2024 earnings on February 19, 2025, delivering exceptional results across all business segments. The navigation and wearables technology company posted record revenue and substantial margin expansion.
Market volatility has picked up in recent weeks, leading to sharp declines in numerous high-flying stocks. Even some of the market's strongest names, including Palantir, Applovin, and established giants like Amazon and Alphabet, have faced considerable selling pressure.
If you're looking for an attractive growth stock in this expensive market, consider Garmin (GRMN 0.39%) for your next purchase. Sure, the tech giant's shares have rallied since early 2023, and the stock's valuation is near a 10-year high.
PAX, PFIS and GRMN made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 26, 2025.
GRMN, LNVGY and HLF made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 26, 2025.