Valued at a market capitalization of $45.9 billion, Garmin Ltd. (GRMN) is a global technology company that designs and manufactures GPS-enabled devices and wearable products for consumers and businesses. Headquartered in Schaffhausen, Switzerland, Garmin is best known for its smartwatches, fitness trackers, navigation systems, and marine and aviation electronics.
Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." Garmin fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the scientific and technical instruments industry.