NYSE:GRMNConsumer Durables
Is It Too Late To Consider Buying Garmin (GRMN) After A 95% Five Year Run?
If you are wondering whether Garmin's current share price reflects its underlying value, the recent track record gives plenty to think about.
The stock last closed at US$241.90, with returns of 29.1% over 1 year, 19.5% year to date, 0.3% over 30 days, and a 3.7% decline over the past week, adding some short term volatility to a much longer run up of 95.0% over 5 years.
These moves sit against a backdrop where investors have been closely watching Garmin's positioning across its product...