Garmin Ltd. (NYSE:GRMN) is filed away in most investors' heads as the company that used to make running watches, before Apple came along and took the category. That is the received wisdom, and the numbers say the opposite. The shares closed at $295.05 on September 24, up close to a quarter this year. Revenue grew about 14% over the past twelve months, and profit grew nearly 20%. READ ALSO: Garmin's (GRMN) New Autopilot Signals Where Growth Is HeadedHere is Why Garmin (GRMN) is a Good Investment at Today's Price Garmin Won the Fight Everyone Assumed it Lost: Fitness grew about 25% last quarter, faster than anything else Garmin owns.
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