3 Growth Stocks for In-the-Know Investors
With major stock market benchmarks up over 20% in 2019, there isn't much challenge for investors in finding robust sales growth these days. The harder part is identifying which of these successful companies has sustainable competitive advantages that can power impressive long-term shareholder returns.
With that goal in mind, let's take a look at a few companies that savvy investors will like for reasons that go well beyond just sales gains.
Consumer tech is a famously brutal industry, but Garmin (NASDAQ: GRMN) appears to have what it takes to win in this market. The GPS device specialist has overcome steady declines in its prior core segment of in-dash automotive navigators to post sales growth, earnings gains, and record profit margins in each of the last three fiscal years.
Source Fool.com
