InvestorSoup.com issues Technical Trading Outlook for Garmin Ltd.
The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
(EMAILWIRE.COM, September 11, 2009 ) DALLAS, Texas - InvestorSoup.com.com announces an investment report featuring Garmin Ltd. (NASDAQ: GRMN).
The investment report on Garmin Ltd. (NASDAQ: GRMN) should be of particular interest other scientific and technical instruments providers: Thermo Fisher Scientific Inc. (NYSE: TMO), Agilent Technologies Inc. (NYSE: A), Waters Corp. (NYSE: WAT) and Beckman Coulter Inc. (NYSE: BEC).
It is available at: http://www.investorsoup.com/lp/GRMN
Get our alerts BEFORE the rest of the market. Follow us on Twitter: www.twitter.com/investorsoup
Garmin Ltd. (GRMN), through its subsidiaries, designs, manufactures, markets and sells navigation, communication and information devices and applications, which are enabled by GPS technology. GRMN has four business segments: outdoor/fitness, marine, automotive/mobile and aviation. The Company’s non-aviation products are sold through independent dealers and distributors; its aviation products are sold through aviation distributors worldwide. GRMN has a strategic alliance with Taiwan-based ASUSTeK Computer Inc. (TSE: 2357) to design, manufacture and distribute co-branded location-centric mobile phones.
In the report, the analyst notes:
“During the three months ended June 27, 2009, GRMN made efforts within its automotive/mobile segment to take advantage of ongoing demand for portable navigation devices. The Company introduced its 1200, 1300 and 1400 nüvi®series, which offer affordable navigation solutions with pedestrian capabilities, and a navigation product designed specifically for the trucking market.
“The Company’s outdoor/fitness segment has been the most resilient segment in the economic downturn. However, after nine consecutive quarters of revenue growth in the segment, revenue declined by 9% in the three months ended June 27, 2009. Despite this decline, the Company believes that the segment has long-term growth potential and launched several new products in the period. The Company introduced products within its Oregon touch screen series that integrated a 3.2 mega pixel auto-focus camera and a three-axis compass. The Company also began deliveries the Foretrex 301 and 401, a new line of wearable navigators incorporating a high sensitivity GPS chipset. In addition, GRMN launched its Dakota, which offers a navigation device with touch-screen functionality at a mid-range price point.”
To read the entire report visit: http://www.investorsoup.com/lp/GRMN
See what investors say about these stocks at: http://www.stockhideout.com/
InvestorSoup.com is a small-cap research and investment commentary provider. InvestorSoup.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on InvestorSoup.com, please visit http://www.InvestorSoup.com
InvestorSoup.com Disclosure
InvestorSoup.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. InvestorSoup.com is a Web site wholly owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, InvestorSoup.com, for complete risks and disclosures.
The investment report on Garmin Ltd. (NASDAQ: GRMN) should be of particular interest other scientific and technical instruments providers: Thermo Fisher Scientific Inc. (NYSE: TMO), Agilent Technologies Inc. (NYSE: A), Waters Corp. (NYSE: WAT) and Beckman Coulter Inc. (NYSE: BEC).
It is available at: http://www.investorsoup.com/lp/GRMN
Get our alerts BEFORE the rest of the market. Follow us on Twitter: www.twitter.com/investorsoup
Garmin Ltd. (GRMN), through its subsidiaries, designs, manufactures, markets and sells navigation, communication and information devices and applications, which are enabled by GPS technology. GRMN has four business segments: outdoor/fitness, marine, automotive/mobile and aviation. The Company’s non-aviation products are sold through independent dealers and distributors; its aviation products are sold through aviation distributors worldwide. GRMN has a strategic alliance with Taiwan-based ASUSTeK Computer Inc. (TSE: 2357) to design, manufacture and distribute co-branded location-centric mobile phones.
In the report, the analyst notes:
“During the three months ended June 27, 2009, GRMN made efforts within its automotive/mobile segment to take advantage of ongoing demand for portable navigation devices. The Company introduced its 1200, 1300 and 1400 nüvi®series, which offer affordable navigation solutions with pedestrian capabilities, and a navigation product designed specifically for the trucking market.
“The Company’s outdoor/fitness segment has been the most resilient segment in the economic downturn. However, after nine consecutive quarters of revenue growth in the segment, revenue declined by 9% in the three months ended June 27, 2009. Despite this decline, the Company believes that the segment has long-term growth potential and launched several new products in the period. The Company introduced products within its Oregon touch screen series that integrated a 3.2 mega pixel auto-focus camera and a three-axis compass. The Company also began deliveries the Foretrex 301 and 401, a new line of wearable navigators incorporating a high sensitivity GPS chipset. In addition, GRMN launched its Dakota, which offers a navigation device with touch-screen functionality at a mid-range price point.”
To read the entire report visit: http://www.investorsoup.com/lp/GRMN
See what investors say about these stocks at: http://www.stockhideout.com/
InvestorSoup.com is a small-cap research and investment commentary provider. InvestorSoup.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on InvestorSoup.com, please visit http://www.InvestorSoup.com
InvestorSoup.com Disclosure
InvestorSoup.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. InvestorSoup.com is a Web site wholly owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, InvestorSoup.com, for complete risks and disclosures.
Contact Information:
Investor Soup
Jeffrey Brown
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Investor Soup
Jeffrey Brown
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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