There isn't much doubt, from my perspective, that Garmin is an undervalued stock. It is trading at only 6x its earnings, which is near the company's historic lows. This alone says nothing, but combined with no debt, a 28% ROE, $11 book value, an… More
I am worried for Garmin that its core technology -- GPS devices -- is being disrupted through assimilation of GPS features in many other non-Garmin devices (Apple iPhone just one example). While in many ways Garmin still does it better, the nature of… More