These leaders let you tap new tech trends

Article Excerpt

Both Veoneer and Garmin have quickly rewarded our subscribers since we first recommended them in late 2020. Garmin is up 36.4% since we first looked at it in the September issue of Power Growth Investor at $103.99. Veoneer is up 32.8% since we picked it in our November issue at $17.51. Meanwhile, both are at the forefront of their technology markets, and we think they will go even higher. Venoneer and Garmin are buys. GARMIN LTD. $142.44, is a buy. The company (Nasdaq symbol GRMN; TSINetwork Rating: Extra Risk) (Shares o/s: 191.2 million; Market cap: $27.6 billion; Yield: 1.9%) makes GPS devices and software for five different markets: fitness, outdoors, auto, aviation, and marine. In the three months ended March 27, 2021, Garmin’s overall revenue rose 25.3%, to $1.07 billion from $856.1 million a year earlier. The marine, fitness, and outdoor segments all had higher sales. That offset lower revenue in the aviation segment, as the pandemic continued to hurt aircraft sales…

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