Garmin Stock Discussion

$Garmin(GRMN.US)$ Pre-established sale of shares of directors in Mar 2024. We witnessed a slew of sales from the insiders of the company as per planned dates & the share price remains robust. Investors are picking up these shares & going long.

Gapping up
$Baidu(BIDU.US)$+7.6% (The Chinese search-engine giant reported fourth-quarter revenue higher than analysts' estimates and said it would buy back $5 billion of stock.)
$Palo Alto Networks(PANW.US)$ +8.9% (The cybersecurity company boosted fiscal-year guidance after posting better-than-expected fiscal second-quarter adjusted earnings and revenue.)
$Toll Brothers(TOL.US)$ +3.8% (The home builder posted fiscal first-quarter e...

$Garmin(GRMN.US)$ Should I sell Garmin & buy Disney instead?

Gainers:
In reaction to earnings/guidance:
• $Teva Pharmaceutical Industries(TEVA.US)$ +24%(also announces agreement for opioids settlement), $Enphase Energy(ENPH.US)$ +9.5%, $Spotify Technology(SPOT.US)$ +9.2%, $RPC Inc(RES.US)$ +8.5%, $Chipotle Mexican Grill(CMG.US)$ +8.2%, $Manhattan Associates(MANH.US)$ +8.1%, $Hilton Worldwide(HLT.US)$ +6.7%, $ChampionX(CHX.US)$ +6.1%, $Mr. Cooper Group(COOP.US)$ +5.7%, $Constellium(CSTM.US)$ +5.5%, $Boston Scientific(BSX.US)$ +5.4%,...

Gainers
In reaction to earnings/guidance:
• $StoneCo(STNE.US)$ +28.4% (also announces executive hires), $On Holding(ONON.US)$ +8.27%, $Americas Gold And Silver(USAS.US)$ +3.85%, $Torrid(CURV.US)$ +0.8%
Other news:
• $Lexicon Pharmaceuticals(LXRX.US)$ +4.5% (enters into loan facility to support commercialization of sotagliflozin)
• $TMC the metals(TMC.US)$ +3.2% (signs term sheet for development of commercial system to collect deep-sea pol...

Upgrades
• $Allstate(ALL.US)$: Raymond James Upgrades to Strong Buy from Outperform - PT $165 (from $145)
• $DigitalBridge Group(DBRG.US)$: JPMorgan Upgrades to Neutral from Underweight - PT $7
• $Garmin(GRMN.US)$: BofA Securities Upgrades to Buy from Neutral - PT $140 (from $165)
• $Guidewire Software(GWRE.US)$: JMP Securities Upgrades to Market Outperform from Market Perform - PT $110
• $MongoDB(MDB.US)$: UBS Upgrades to Buy from Neutral - PT $450 (from $345)...

U.S. stock index futures were lower during overnight trading Thursday following a disappointing earnings report from Netflix, building on the major averages' declines during regular trading.
During , the $Dow Jones Industrial Average(.DJI.US)$ shed 313 points, or 0.89%. At one point during the session, the 30-stock benchmark was up more than 450 points. A similar reversal played out for the other major averages. The $S&P 500 Index(.SPX.US)$ declined 1.1% after e...