There's quite a bit of information regarding
Garmin Ltd. (GRMN). The company has scheduled their 3rd quarter 2024 earnings call, and there's talk about dividends being around $0.75. Despite their stock rising, they're still underperforming the market. SG Americas Securities LLC, The Manufacturers Life Insurance Company, and Susquehanna Fundamental Investments LLC have decreased their stake, with shares also sold by Disciplined Growth Investors Inc. and Oppenheimer & Co. Inc. However, the stakes in GRMN have been increased by Axa S.A., Bank of Montreal and Renaissance Technologies LLC. Their launch of
Lily 2 Smartwatch and Fusion Apollo Marine speakers and subwoofers - both having built-in GPS - drew attention, but they're facing margin headwinds, leading to concerns about overvaluation.
Jim Cramer believes the GRMN stock will continue to rise, naming it the 'Real Deal'. Garmin was also named Manufacturer of the Year by
NMEA for the 10th consecutive year and its co-founders have been inducted into the National Aviation Hall of Fame. Despite all this, their stock was downgraded to 'Underweight' due to growth concerns.
Garmin Ltd GRMN News Analytics from Mon, 19 Feb 2024 08:00:00 GMT to Fri, 04 Oct 2024 22:15:22 GMT -
Rating 5
- Innovation 5
- Information 8
- Rumor 1
