Is Garmin Stock a Buy?

The recent market plunge initiated by the effects from the ongoing COVID-19 pandemic brought many stocks to levels not seen in years. Fear of the unknown will do that to stocks. The market in general has rallied since the recent March 2020 levels, as investors try to figure out how different businesses are being affected, as well as what the post-pandemic world will look like.

Garmin (NASDAQ: GRMN) is a business with no debt that should weather an economic downturn well, and it has a successful product lineup that might even get a boost as people adapt to new lifestyles. It is also a stock that hasn't rebounded much from the initial drop, making now a good time to buy.

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