Trimble Navigation Limited (NASDAQ:TRMB)
The Company provides positioning product solutions to commercial and government users. Principal applications served include surveying, construction, agriculture, urban and resource management, military, transportation and telecommunications.
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GPS is transforming the agricultural, surveying and delivery industries. TRMB is one of the leaders.
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Very strong strategy in GPS, GIS and LBS. It is the best listed stock on these reas alltogether.
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Limited competition. Cutting edge technology. 46% growth in five years. Minimal debt. Lots of cahs.
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This company will be strong for many years. They own the patents to a huge number of GPS technologies. They were first in the sector. They provide back-end technology for a big chunk of the GPS products sold in the market
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GPS is just now becoming a mainstream product; beyond the commercial uses. Trimble is a big-time player. Short-term, the stock split should provide nice upward bounce, before settling in for longer-term advance.
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This just so happens to be used by the military and is a defensive stock. They plan to split again on Feb. 23rd at 2-1. With a P/E Ratio like that i would hold and it will split again because it only happened a month ago. More splits are to occur again.
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These stocks are in my real life portfolio.
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Construction & Farming are expensive. Being accurate with GPS has to save money over time.
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As GPS becomes more ubiquitous, it becomes less about devices(Garmin), and more about the chipsets(Trimble). Also, Trimble has it's hooks in to a lot of diverse industries.
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Trimble is involved with GPS development. GPS systems will soon be as prevelent as cell phones are now. The way of the future
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profitable GPS location solution provider. Licenses to Nokia and Qualcom for cell phone based location.
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The BEST in Const GPS gradeing systems. Has joint ventured with CAT, all cat equipment is now being sent out of the Facturey with the wireing for the TRMB "grade Control" system's in place. Buy a "CAT" get the start of there system's.
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I've been watching this stock for several years. The company appears to be doing what it needs to, to grow the business in new and innovative ways.
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LONG TERM GROWTH
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