5-Day Sell-Off Sends Garmin Stock Down -16%

Garmin (GRMN) stock hit day 5 of a continuous streak of days with losses, with cumulative losses over this period amounting to a -16% return. The company has lost about $7.9 Bil in value over the last 5 days, with its current market capitalization at about $41 Bil. The stock remains 3.3% above its value at the end of 2024. This compares with year-to-date returns of 16.5% for the S&P 500.

GRMN provides wireless devices including running and multi-sport watches, cycling products, activity trackers, adventure watches, outdoor handhelds, golf devices, mobile apps, and dog tracking tools. Is this drop a warning sign or a setup for rebound? Deep dive with Buy or Sell GRMN.

A single stock can be risky, but there is a huge value to a broader, diversified approach. If you seek an upside with less volatility than holding an individual stock, consider the Trefis High Quality Portfolio (HQ). HQ has outperformed its benchmark — a combination of S&P 500, Russell, and S&P midcap index — and achieved returns exceeding 91% since its inception. Risk management is key — consider what the long-term portfolio performance could be if you blended 10% commodities, 10% gold, and 2% crypto with HQ’s performance metrics.

Comparing GRMN Stock Returns With The S&P 500

The following table summarizes the return for GRMN stock vs. the S&P 500 index over different periods, including the current streak:
 

 
What is the point? Sustained weakness can be more than noise. It often signals shifting sentiment or deeper concerns. A multi-day losing streak may warn of further downside, or present an opportunity to buy if fundamentals are intact. Take a look at what history tells you about whether past dips like this have been buying opportunities or traps: GRMN Dip Buyer Analysis.

Gains and Losses Streaks: S&P 500 Constituents

There are currently 46 S&P constituents with 3 days or more of consecutive gains and 80 constituents with 3 days or more of consecutive losses.
 

 
 
Key Financials for Garmin (GRMN)

Last 2 Fiscal Years:

Last 2 Fiscal Quarters:

 
The losing streak GRMN stock is currently on doesn’t inspire much confidence among investors. In contrast, Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.