TheKrazyAnalyst

Will Garmin Direct Bulls Towards Healthy Returns?

I agree, GRMN has been beat up too much lately. They just blew away their earnings last quarter, which is something this company has a strong track record of doing. There is a reason that Garmin has 55% of the PND market, they are simply the best GPS manufacturer out there. If other companies that are trying to add GPS navigation to their existing products are smart they will outcource this task to the best in the business, since it is not one of their core competencies. One way or another I believe Garmin will continue to dominate the PND market and the PND market will continue to outpace the overall economy.