$43.95
0.37 (+0.84%)
Garmin Ltd. (NASDAQ:GRMN)
CAPS Rating:
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.
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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Recs
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.