$28.43
0.29 (+1.03%)
Garmin Ltd. (GRMN)
CAPS Rating:
A provider of navigation, communications and information devices, which are enabled by GPS technology. The Compny designs, develops, manufactures and markets a diverse family of hand-held, portable and fixed-mount GPS-enabled products.
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Fool UK
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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.