Can Garmin Be a 10x Stock?

In this article:

Garmin (NYSE: GRMN) has held off a threat from Apple in the watch market and may now be uniquely positioned to grow as a connected device company. In this video, Travis Hoium shows why Garmin could be a great growth stock to own long term.

*Stock prices used were end-of-day prices of May 20, 2024. The video was published on May 21, 2024.

Should you invest $1,000 in Garmin right now?

Before you buy stock in Garmin, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Garmin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

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Travis Hoium has positions in Apple. The Motley Fool has positions in and recommends Apple and Garmin. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Can Garmin Be a 10x Stock? was originally published by The Motley Fool

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