Comments for GRMN - Stockpickr! Your Source for Stock Ideas

Comments for GRMN

Added By	Comments	Type	Date Added
deeannd	volatility	Hate	September 29, 2009
jillsmakingmoney	great product for private and personal sector	Love	September 05, 2009
barrons3	Day of total role reversals. We get a great quarter from Garmin (GRMN), even though it's supposed to be obviated by smartphones.	Love	August 06, 2009
ButterflyDiver	Geocaching	Love	May 23, 2009
AMcNally4	High dividend	Love	May 07, 2009
Stockpickr Staff	Garmin (GRMN Quote) shares were falling ... a day ahead of the company's quarterly earnings report. <a href="http://www.thestreet.com/story/10496582/1/tech-winners-and-losers-microsoft-cuts.html" target="_blank">Read more here.</a>	Love	May 05, 2009
ybindoors	i use gps	Love	February 11, 2009
sarah z	From a recent Mad Money show: "Listen to me, you don't even want to touch this thing. It's come down all this way and yet it's still not cheap. If you want gadgets, look at Research In Motion (RIMM).”	Love	January 26, 2009
tgasmire	Garmin is a solid company, no debt, lots of cash and an awesome R&D program. Oh, did I mention they make the BEST GPS devices!!	Love	January 14, 2009
MichaelComeau	GPS is a declining CE category and GRMN is going down in an ugly way.	Hate	November 03, 2008
sarah z	From a recent Mad Money show: "I've had a sell sell sell on that for a whole year. They'll talk a good game ahead of Christmas, but you've got to sell that one."	Love	October 17, 2008
RMHebb	Good products	Love	October 06, 2008
RobertBlake	GPS Leader - much potential	Love	September 26, 2008
PAUL A. SMITH	COMPETITION	Hate	August 16, 2008
sarah z	From a recent Mad Money show: "No. no. no. That's a commodity play and I've been telling people to sell it since December. There's nothing there. GPS is everywhere now; I could make one in my kitchen."	Love	June 19, 2008
sarah z	The leading manufacturer of GPS products said that it will buy back 10 million shares of common stock by December 31, 2009. The timing and amount of the repurchases will depend on market conditions. Garmin added that it recently completed its 5 million share repurchase plan which was authorized in February 2008. The company based out of George Town, Cayman Islands also announced that it will distribute a 2008 cash dividend of 75 cents a share, which will be paid on December 15, 2008. On April 30th Garmin said strong demand for automotive and mobile products forced first-quarter profits higher. During the quarter ended March 29, Garmin experienced net income of $147.8 million, or 67 cents a share, compared with $139.9 million, or 64 cents per share, in the same period last year. Total sales grew from $492.2 million to $663.8 million, but in particular the automotive and mobile segment surged 42.7% to 451.9 million. However the overall results did not reach analysts expectations, as shares dipped 7% following the news. “We are pleased with our performance in the first quarter, particularly given the general slowdown in the global economy. Demand for our automotive/mobile products continued beyond the traditionally strong fourth quarter holiday season,” said Garmin Chairman CEO Dr. Min Kao. Analysts Scott Sutherland from Wedbush Morgan Securities is bullish on Garmin. He has a buy rating on the stock and recently increased his price target to $59 from $55 noting the new buyback and positive comments from one of Garmin’s competitors, Magellan. After discussions with Magellan’s CEO, Sutherland commented, “it appears that unit growth remains 100%+ in the U.S., 35-40% in Europe, and very robust from a small base in Asia. We also believe Garmin is gaining market share in Europe and that prices for chipsets, memory, and maps continue to drop.”	Love	June 19, 2008
tribalmania	I almost arranged my own funeral I lost so much $$ on that stock. It is still junk.	Hate	June 15, 2008
sarah z	The leading manufacturer of GPS products said that it will buy back 10 million shares of common stock by December 31, 2009. The timing and amount of the repurchases will depend on market conditions. Garmin added that it recently completed its 5 million share repurchase plan which was authorized in February 2008. The company based out of George Town, Cayman Islands also announced that it will distribute a 2008 cash dividend of 75 cents a share, which will be paid on December 15, 2008. On April 30th Garmin said strong demand for automotive and mobile products forced first-quarter profits higher. During the quarter ended March 29, Garmin experienced net income of $147.8 million, or 67 cents a share, compared with $139.9 million, or 64 cents per share, in the same period last year. Total sales grew from $492.2 million to $663.8 million, but in particular the automotive and mobile segment surged 42.7% to 451.9 million. However the overall results did not reach analysts expectations, as shares dipped 7% following the news. “We are pleased with our performance in the first quarter, particularly given the general slowdown in the global economy. Demand for our automotive/mobile products continued beyond the traditionally strong fourth quarter holiday season,” said Garmin Chairman CEO Dr. Min Kao Analysts Scott Sutherland from Wedbush Morgan Securities is bullish on Garmin. He has a buy rating on the stock and recently increased his price target to $59 from $55 noting the new buyback and positive comments from one of Garmin’s competitors, Magellan. After discussions with Magellan’s CEO, Sutherland commented, “it appears that unit growth remains 100%+ in the U.S., 35-40% in Europe, and very robust from a small base in Asia. We also believe Garmin is gaining market share in Europe and that prices for chipsets, memory, and maps continue to drop.”	Love	June 11, 2008
phfsarah1	beaten down far too much	Love	June 02, 2008
zeewa	all over ?	Love	May 28, 2008
sammycat	Taiwanese company, great potential in the GPS industry	Love	May 26, 2008
sarah z	From a recent Mad Money show: "I free you from that house of pain. I'd say sell, sell, sell. I don't want you anywhere near that stock."	Love	May 04, 2008
director	just learning	Love	April 24, 2008
barrons2	Garmin (GRMN)? Please. The only thing it has going for it is a possible blocking of the Nokia (NOK)-Navteq (NVT) deal by European regulators.	Love	April 03, 2008
danmuhlenkamp	undervalued	Love	March 28, 2008
Statman	have it in my phone	Hate	March 24, 2008
Jerry Kelleher	Is due a bounce	Love	March 16, 2008
supercoug	Run into the ground by big institutions	Hate	March 11, 2008
Rkreske	lost 20% recently, wanted out of anything tioed into autos	Hate	March 11, 2008
bbherbert	GPS is not as popular as it once was.	Love	March 09, 2008