Wall Street was happy with the latest operating update from Garmin (NYSE: GRMN). Sure, the tech device company reported declining sales in late 2022 while projecting another year of weaker margins ahead. But Garmin performed well given all the pressures on its industry late last year.
The company has a packed pipeline of new product introductions across key niches like smartwatches and aviation navigation platforms, too.
With those contrasts in mind, let's look at the key bullish and bearish arguments for 2023 and beyond.
Source Fool.com