Garmin Rises 45% in a Year: Is it the Right Time to Buy the Stock?

Garmin (GRMN) stock has gained 45.3% the past year, outperforming the Zacks Computer and Technology sector, The Technology Select Sector SPDR Fund (XLK) , and the S&P 500 index’s return of 5.7%, 1.4% and 8.6%, respectively.The company has outperformed the Zacks Electronics - Miscellaneous Products industry, which declined  47.7% in the same time frame.Although Garmin’s outperformance reflects investors’ confidence in Garmin’s robust product portfolio and strong financials, it also raises the question: Shoul ...