Garmin Ltd (GRMN)

Re: Garmin Ltd (GRMN)

Postby winston » Mon Jul 20, 2015 7:03 pm

not vested

Garmin: Play the Long-Term Low in GRMN Stock

An attractive monthly low and a hefty, secure-looking dividend looks good enough to play

By Chris Tyler

Source: Investor Place

http://investorplace.com/2015/07/garmin ... azUwtKqqko
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Garmin Ltd (GRMN)

Postby winston » Tue Jul 19, 2016 8:14 pm

​Garmin breaks out … navigation company is up 40% over the last six months.
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Garmin Ltd (GRMN)

Postby winston » Thu Oct 04, 2018 7:55 pm

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THIS GPS BUSINESS IS THRIVING IN A POST-SMARTPHONE WORLD

Today's chart shows how one business "bucked the trend" of rapid smartphone adoption...

Apple (AAPL) released the original iPhone in June 2007. That hurt GPS-technology company Garmin (GRMN). Over the next decade, its GPS devices for cars steadily fell out of use... and sales for the segment dropped 70%.

Thanks to smartphones, most of us never go anywhere without an interactive map in our pockets. But Garmin found new paths to success...

The company pushed GPS technology beyond the occasional road trip... and into growing areas like sports. This year, Business Insider ranked Garmin's Vivosport fitness tracker as the best in the market. It now competes with popular names like Apple and Fitbit (FIT).

All told, Garmin recently reported almost $900 million in second-quarter revenue... And 80% of that came from its fitness, marine, aviation, and outdoor segments.

And as you can see, GRMN is up nearly 30% over the past year. Shares recently hit a multiyear high. While new tech trends always keep companies on their toes, flexible and innovative businesses find a way to thrive...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Garmin Ltd (GRMN)

Postby winston » Thu Jan 30, 2020 8:48 pm

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EVOLVING WITH THE TIMES TO CREATE A TURNAROUND STORY

Today's company is showing how flexible businesses can survive big changes...

When Apple (AAPL) released the iPhone in 2007, it turned the world on its head. Folks could go online anywhere – and soon, almost everyone had the free Google Maps app to help them get around. That was bad news for GPS company Garmin (GRMN).

No one needed its car-navigation devices anymore, and its shares fell off a cliff. But the company found new ways to prosper...

Garmin got its tracking technology into new sectors, like fitness. Today, it has wearables that can track your heartbeat and even go underwater with you while you swim. Its products hold their own against wearables from Apple and Fitbit (FIT). And this strategy is still going strong...

Last quarter, Garmin's aviation, fitness, outdoor, and marine segments collectively increased 24% year over year. Sales reached $934 million, up 15% over the same period.

As you can see, GRMN shares are steadily rising. They're up around 130% over the past three years, including dividends. If companies are creative, they can thrive even in the face of a relentless new technology trend...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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