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Garmin Ltd. (GRMN) [hlAlert]

Rating:
Sell GRMN
up 51.88 %

Garmin Ltd. (GRMN) rated Sell with price target $46 by Stanford Research

Posted on: Friday,  Mar 28, 2008  8:25 AM ET by Stanford Research

Stanford Research rated Sell Garmin Ltd. (NASDAQ: GRMN) on 03/28/2008, when the stock price was $57.96. Since
then, Garmin Ltd. has lost 34.16% as of 01/15/2016's recent price of $38.16.
If you would have followed this Stanford Research's recommendation on GRMN, you would have gained 51.88% of your investment in 2849 days.

Garmin International is designs, manufactures, and markets navigation and communications equipment for a variety of markets, including aviation, marine, automotive, cellular, OEM, and general recreation. Specifically, the company aims to enrich the lives of customers, suppliers, distributors, and employees by providing the very best products that offer superior quality, safety, and operational features at affordable prices.

Stanford Research encompasses both institutional equity research and Washington-focused policy research, offering a perspective on individual companies, sector-specific topics and national policy. The importance Stanford Group Company places on research comes from years of experience in a constantly changing world. We know that as markets develop and new sectors grow, it is imperative that our clients have the most accurate information available to ensure financial success. Stanford Group Company clients will always have our commitment to conduct informative and enlightening research. As a part of our commitment to our clients, we provide objective, well-developed research. Our skilled analysts use their talent to provide invaluable research that can help in making important decisions. Thanks to a wide range of resources obtained through technology, experience and reputation, our research analysts develop reports on the most current firms and sectors. Our equity analysts offer insight and opinions on companies in the consumer/retail, media, energy, financial institutions, health care, technology and water/environment sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/28/2008 8:25 AM Sell
None
57.96 46.00
as of 12/24/2008
1 Week down  -7.54 %
1 Month down  -10.40 %
3 Months down  -33.59 %
1 YTD down  -23.42 %

(*) Stock Price at the time of the recommendation.
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