PE divided by growth rate is less than one, ACCOMPANIED by good future
prospects. Such stocks are hard to find.
Take a look at Garmin (GRMN). There is a stock on the verge of doubling
in a years time....
Doug wrote:
>
> Take a look at Garmin (GRMN). There is a stock on the verge of doubling
> in a years time....
Would you be pumping and dumping?
the_sarp
in article , sarp at
wrote on 3/7/06 1:39 PM:
> Doug wrote:
>>
>> Take a look at Garmin (GRMN). There is a stock on the verge of doubling
>> in a years time....
>
> Would you be pumping and dumping?
>
> the_sarp
The average day volume is close to $50 Million.......
How much do you think his mention of a stock in this N/G would influence the
price???
Tell me not what the stock will do but rather why GRMN is a better
investment than TRMB? How about other competition? What shares of
market?
a
==
On 7 Mar 2006 10:21:42 -0800, "Doug" <>
wrote:
>PE divided by growth rate is less than one, ACCOMPANIED by good future
>prospects. Such stocks are hard to find.
>
>Take a look at Garmin (GRMN). There is a stock on the verge of doubling
>in a years time....
The entire GPS investment space is attractive right now. I own GRMN,
SIRF and ARDI and am considering NGPS. There is also TRMB and NVT and
some others. GRMN is the unquestioned leader in making GPS devices. So
it is like investing in Intel for chips, Microsoft for software or
Cisco for routers. Take a look at the evaluations and you will see that
Garmin has fairly low PE ratio and forward PE for such a growing
company. Also, I think the forcasts for sales for 2006 are LOW as were
the forcasts for 2005. GPS devices are going from a niche market to
widespread acceptance. Turn by turn instructions right to where you
want to go. Garmin is run by the founders, who own about 40% of the
company and, yes, are selling off. Can't blame them. They are very
conservative no BS accounting and don't hype the stock. The stock is
not a darling of Wall Street because they have no debt and no
investment bankers taking them to lunch. Just good old Warren Buffet
type company with a product in "new territory". New territory companies
tend to be 10 baggers and the company started at 20 and will, I believe
go to 200 eventually. They are currently a 8 Billion dollar company. Of
course there will be ups and downs but going from 20 5 years ago to
70's now is not too shabby, expect the same sort of growth in the next
5 years. Don't take my word for it, do your own research and make your
own decisions. Yes, I own GRMN.
GPS is as old as TRMB which I owned decades ago. Interesting that you
mention some past their peak which often as not seems to fit the 7yr
itch or the 11yr sun spot cycle: 7yrs up; 4yrs down. I should visit
some of the electronic emporiums here in the Silicon Valley Outback
Country to see that they are selling and even a visit to everywhere
RS. BB site lists GRMN and Magellan / Thales.
As to insiders, that is a 40% roof. I see Bear Call spread at maybe
80/75. Could be temporary but I have a top of coaster feeling in the
guts.
a
==
On 7 Mar 2006 19:10:30 -0800, "Doug" <>
wrote:
>The entire GPS investment space is attractive right now. I own GRMN,
>SIRF and ARDI and am considering NGPS. There is also TRMB and NVT and
>some others. GRMN is the unquestioned leader in making GPS devices. So
>it is like investing in Intel for chips, Microsoft for software or
>Cisco for routers. Take a look at the evaluations and you will see that
>Garmin has fairly low PE ratio and forward PE for such a growing
>company. Also, I think the forcasts for sales for 2006 are LOW as were
>the forcasts for 2005. GPS devices are going from a niche market to
>widespread acceptance. Turn by turn instructions right to where you
>want to go. Garmin is run by the founders, who own about 40% of the
>company and, yes, are selling off. Can't blame them. They are very
>conservative no BS accounting and don't hype the stock. The stock is
>not a darling of Wall Street because they have no debt and no
>investment bankers taking them to lunch. Just good old Warren Buffet
>type company with a product in "new territory". New territory companies
>tend to be 10 baggers and the company started at 20 and will, I believe
>go to 200 eventually. They are currently a 8 Billion dollar company. Of
>course there will be ups and downs but going from 20 5 years ago to
>70's now is not too shabby, expect the same sort of growth in the next
>5 years. Don't take my word for it, do your own research and make your
>own decisions. Yes, I own GRMN.
If anything there is a short squeeze going on now. GRMN is on the SEC's
list of can't short it, there are some 10 million shares short, which
is a 8 day supply. That is bullish for any stock. GRMN is a coiled
spring waiting to launch. It may go down a little from here, but 80 or
even 90 is not out of the question in the next 3 months with 100 by the
end of the year. They will be splitting soon of course (could happen
any day).
As for TRMB, they are nowhere near the size of GRMN and as the GPS
signal space was only released to the public in 1993 (military only
before then), it is hard ot own any GPS stock for "decades".
As I said, GPS devices are transitioning from a niche market to a mass
market as we speak. Go to Amazon.com Garmin is a top 10 seller in
electronic devices and has the top 14 sellers in the GPS market. Garmin
rules when it comes to GPS all others are small players.....
Oh, most interesting. I do not see that in the option chain IV as it
moved from a high of 55% last month to currently 38% and 36% a week
ago. Yeh I see yahoo shows 17% short. Of course insiders have the
stock to sell so have no problem. I will watch this one and see if
there is a decent spread.
I bot Trimble when they and GPS were new tech. Perhaps that was in
the 90's which would be > a decade. Time shrinks with age.
a
==
On 7 Mar 2006 21:17:57 -0800, "Doug" <>
wrote:
>If anything there is a short squeeze going on now. GRMN is on the SEC's
>list of can't short it, there are some 10 million shares short, which
>is a 8 day supply. That is bullish for any stock. GRMN is a coiled
>spring waiting to launch. It may go down a little from here, but 80 or
>even 90 is not out of the question in the next 3 months with 100 by the
>end of the year. They will be splitting soon of course (could happen
>any day).
>
>As for TRMB, they are nowhere near the size of GRMN and as the GPS
>signal space was only released to the public in 1993 (military only
>before then), it is hard ot own any GPS stock for "decades".
>
>As I said, GPS devices are transitioning from a niche market to a mass
>market as we speak. Go to Amazon.com Garmin is a top 10 seller in
>electronic devices and has the top 14 sellers in the GPS market. Garmin
>rules when it comes to GPS all others are small players.....
Trimble has had a nice run the last few years. I don't follow it, but
it may be a good one also. It seems valued similarly to Garmin. I
bought Garmin because I was familiar with their aviation products,
which are excellent. Garmin is the market leader, but there is room for
growth for all players.