Purchase Details

Company: Garmin
Ticker:GRMN
Yahoo Beta:2.21
Industry:Scientific & technical instruments

Company Description:  Garmin, Ltd. designs and sells Global Positioning System (GPS) devices for cars, boats, airplanes, and for outdoor activities. The company has contracts with a number of automobile manufacturers and makes hand-held devices for outdoor sports.

Purchase Date:16 Apr 2021
Purchase Price:$141.72
  --Split Adjusted:$141.72
Shares Purchased:36
  --Split Adjusted:36
Transaction Fee:$0.00
Price Range (6 Months Prior):    
High$138.67
Date13 Apr 2021
Low$97.57
Date28 Oct 2020
S&P (Purchase Date):$4,183.22

Timing:  We bought at the six month high.
Reason:  Wearable tech is a growing market. Garmin has strong brand recognition. The company has a good social medial presence and is growing internationally. The company is investing in technological innovation, particularly in the IoT market. The analysts believe Garmin has strong growth potential.

Total Spent:   $5,101.92