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Asit Sharma

👤 Speaker
545 total appearances

Appearances Over Time

Podcast Appearances

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

In fact, I have a text handheld satellite device.

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

Once in a way, someone in my family, I have three boys now in their 20s, will trek someplace exotic or remote.

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

So, I like having that, can turn the subscription on and off.

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

But the wearables aspect of this business is so interesting.

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

We are a family that doesn't have a lot of Garmin products.

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

They're a bit pricey.

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

But one of my sons does have a Garmin computer on his bike.

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

The metrics that these fitness wearables and bike accessories give are really setting the standard out there in the marketplace.

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

You'll see them sold in some great places like REI.

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

I think coupling this for a young person with the fact that this business throws off a very healthy operating margin, something like 25%, 26%, can be powerful if you are a little older than a newborn, aware of that product.

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

First of all, it's healthy.

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

It's for people who want to be fit.

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

What better for a young eight-year-old than to point to a product that they could use for years and upgrade as time goes on and be healthy?

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

But also, about this business, it's very diversified.

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

It even has a marine segment, so some technology for navigation for boats.

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

It has an automotive equipment manufacturer, OEM, segment, so supplies technology to automobiles.

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

It's a really diversified company.

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

But just circling back to the strongest part of the thesis,

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

It's got a brand that's just extremely strong in the marketplace.

Motley Fool Money
Black Friday’s Best Stock Gifts and Investing Lessons

I think that brand is going to get bigger and better.