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News  ›  The Motley Fool

Garmin Stock Sank 13% Last Month. Here's Why It's a Great Time to Buy

The Motley Fool Logo The Motley Fool By Howard Smith
Garmin Stock Sank 13% Last Month. Here's Why It's a Great Time to Buy

Despite a 13% stock decline in October, Garmin remains an attractive investment with strong revenue growth, robust cash reserves, and potential for technological innovation during economic uncertainty.

Insights
KO   positive

Considered an 'indefinite' holding in Buffett's long-term investment strategy


GRMN   positive

Strong financial performance with 20% revenue growth last year, 14.4% year-over-year sales increase in 2025, substantial cash reserves (10% of market cap), and potential to leverage balance sheet during economic challenges