So, for those who question Garmins rise just look at the product list....
No wonder it's a cash cow. It's on board motorcycles, cars, planes, boats, bikes, hikers, runners, dogs, golfers, swimmers, semis, rvs, 2 way radios, radar, and most recently action cams and bmw motorcycles. Disclosure, in at 25.00 and long range bullish. GLTA
And that product list keeps growing nicely. Wow, I'm impressed with this company. They are not standing still and continue to innovate and broaden their product mix as the global leader in the GPS space.
Yep, I was on a Great Lakes boat tour recently. There it was, on the entire fleet. Garmin navigation gear. Garmin is, no doubt, the #1, go-to GPS supplier in the world. Looks like shorts have double whammys going on here.....not only do they have to pay the divvy every quarter, but the equity is disappearing fast! Ouch. Long to $60 +.
No pull back in sight. $60 right around the corner. Garmin is the global leader in all things GPS and provides some of the best products and services available. A clean balance sheet and a nice divvy, a rare combination. Like it.