Garmin Ltd. (NASDAQ:GRMN)

CAPS Rating: 1 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.

Recs

0
Player Avatar FesterFumble (50.63) Submitted: 3/26/2013 5:32:00 AM : Outperform Start Price: $33.43 GRMN Score: +1.60

Looks cheap.

Member Avatar EdFromOhio (< 20) Submitted: 3/26/2013 10:38:23 AM
Recs: 0

I'm no analyst, but it's probably cheap for a reason. Free smartphone apps, such as Waze, are making this company's bread-and-butter products obsolete. People would generally rather have a single device that does everything, especially when Garmin's products are close to the price of a smartphone.

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