Can Garmin Be a 10x Stock?

Garmin stock has held off a threat from Apple in the watch market and may now be in a unique position 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.
---------------------------------------------------------------------------------
💰 If you like this video, check out my free Asymmetric Investing Newsletter for more investment analysis: asymmetric-inv...
TRAVIS ON TWITTER: / travishoium
📊 The charts I use are made with FinChat, the best tool for investment research. I pay for the Pro plan, but you can get started making beautiful charts and asking the AI questions here: finchat.io?lmref=OzAxng
📊 20% Off Investment Research Tool Koyfin: www.koyfin.com...
🎙️ 20% Off Conference Call App Quartr: quartr.com/pri...
🧐Looking for great investment ideas? Visit www.fool.com/asym for ten top stock picks from The Motley Fool.
A portion of this video is sponsored by The Motley Fool.
Visit fool.com/asym to get access to my special offer. The Motley Fool Stock Advisor returns are 650% as of 5/6/2024 and measured against the S&P 500 returns of 150% as of 5/6/2024. Past performance is not an indicator of future results. All investing involves a risk of loss. Individual investment results may vary, not all Motley Fool Stock Advisor picks have performed as well.
0:00 Can Garmin Be a 10x Stock?

[@VernL4]

Yes, I firmly believe that Garmin is on the way up! Like you, I wear my watch (Fenix 7) 24/7. Garmin has incredible potential and they make very solid devices. I've converted at least 11 friends to Garmin watches. They all agree that there is no going back to Apple. I feel that AI implementation is one way that Garmin could take a HUGE step forward. Like you said, these devices are the thing that is closest to us. I'm going to send a friend request to you on Garmin as well. ;)

[@TheSmartLawyer]

Watches? We don't need no stinking watches!

[@TheTiagofo]

I don't think so. As you said, only certain type of people care about Garmin products. To grow a lot and fast I think they need to implement a system with subscriptions (as a consumer I will hate that), release smartwatchs supporting ESim and more affordable options. People, em generally, prefer Apple, Xiaomi/Amazfit, Huawei watch (in my opinion).