Garmin Ltd. (NASDAQ:GRMN)

Great company with a good track record. A 17 day short to cover for a company GPS manufacture. They have successful product lines and customer loyalty. This stock should go to $45-50 when the shorts start to cover.

12/17

This company has been beat down. They still make the best GPS products for a variety of uses and the market is growing. No they're not aimed at the iAnything crowd that picks up and drops technology like there is no tomorrow. They make tools to be used by individuals to be taken seriously, not children playing with the latest gee-whiz technology.

Plus you don't have to worry about your Garmin tracking your whereabouts and reporting to your cell provider or barraging you with annoying ads.

Down you go!... easy 10-15 points

Within the next year or two this company will grow because of the technology they own. As more cars come standard with GPS many more of them will include the software Garmin makes. I see this stock growing substantially over the next 3 years or so.

I love GPS devices, but unless Garmin starts selling smart phones, I do not see how they will be able to compete in the future, as in now.

testing louis navellier's 32 stocks to sell now.

The market is saturated. Smartphones are beginning to include GPSes in them, too. There are other markets out there, but until they shift into those markets head-first, I don't see much growth here.

Price-earnings ratio is ridiculously low for a tech stock. Lots of competition, but they market to all the right niches. This will be back.

Although there is a lot of room for improvement in their GPS devices, currently Garmin devices are less glitchy and error prone than other competitors and consumers recognize this and are starting to stick more to Garmin products. In the long term, if they continue to innovate poorly like they did in the past I think this situation will change as another company changes the GPS game, but for now, there is no competition on the horizon.

GPS on all the new phones will kill Garmin. Too much competition and this company did not adapt quickly enough to changing market conditions.

The gps market is suffering from a slow death as it's uniqueness continues to dwindle. It's main issue is the onslaught of smartphones with gps and cheap knockoffs from other manufacturers.

Just looking at stores such as walmart and best buy, there is hardly an urgency from customers looking to buy a garmin.

The stock isn't going to disappear since it is quite shareholder friendly. But unless it can turn around the business, it's going to continue shrinking and well, that can only mean a shrinkage of the stock as well.

Positive:
- High dividend, still high margins, still high earnings
- Q1 did not show the expected detoriation
- Garmin is fully aware of smart phone competition and they might be able to adapt
- Insiders hold 42% of the company and have not sold a single share during the last 6 months!

Negative:
- The big negative is smart phone competition

Category: IYBP-

quality company at reasonable price

Mkt Cap = 6.5Bil
ROE = 5.1
P/S = 2.3
Total Debt = 0
Current Ratio = 4.6

Looks pretty good.....

1x - 5/3

The low P/E makes this one look like a value trap

R1

OK for the short term, but not the long. Smartphones and car navigation systems seem to be pushing them out.