Garmin Ltd. designs, manufactures and markets portable, fix-mount and hand held Global Positioning schemes (GPS) devices. The company's stock is actually selling on the NASDAQ. It operates in four segments: mobile/automotive, marine, aviation and Recommendation: Buy Recent Price $59.37 Target Price $60.76 Industry: Communication Equipment Analyst: Jennifer Traynor Report Date: 5/2/2007 recreational (www.researchandmarkets.com). Products encompass automotive navigation systems with chart data, GPS enabled sonar deepness finders for recreational boating and angling, aviation systems, and GPS endowed cellular telephone software.
Industry Analysis
Garmin has illustrated powerful average year over year revenue growth of 53% aggregated annual development rate ...