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Asit Sharma

👤 Speaker
642 total appearances

Appearances Over Time

Podcast Appearances

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

But the wearables aspect of this business is so interesting.

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

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

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

They're a bit pricey.

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

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

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

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

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

First of all, it's healthy.

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

It's for people who want to be fit.

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

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

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

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

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

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

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

It's a really diversified company.

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

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

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

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

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

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

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

They have withstood a lot of competition from many brands over the years.

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

I think this could be a fun one for a youngster.

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

and why this is important, Travis.