Garmin (GRMN) Stock Trades At A Reasonable Price After Autoland Milestone

Garmin has delivered very strong share returns in recent years, and the question now is whether the cash the business generates can support a price near US$285 per share. With aviation safety systems and high end wearables in the spotlight, investors are asking how much of that story is already embedded in the stock. Over the past 3 years the share price has gained 187.7%, which makes it important to check whether the underlying cash flows can carry that kind of re-rating. Autoland...