$43.95 0.37 (+0.84%)
2/13/2012 4:00 PM

Garmin Ltd. (NASDAQ:GRMN)

CAPS Rating: 2 out of 5

Garmin designs and builds GPS-enabled navigation and communication devices that help you map your route in a car, on foot, in a boat, or in a plane.

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Player Avatar bshoemak2 (< 20) Submitted: 9/7/2008 11:25:23 AM : Underperform Start Price: $32.69 GRMN Score: -10.80

experimenting with the short play here. Might be late to short this one, but I see rising inventories, slowing earnings growth, increased competition with GPS in cell phone, and declining margins. I could be wrong, but GRMN is beginning to look like a value trap (cyclic company with low P/E, high but declining margins, highly touted by some analysts but about to roll over). Reminds me of STX at beginning 2008.

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