Garmin Stock
Mon, 01/14/2008 - 2:21pm
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16 years
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Garmin stock is selling for around seventy dollars. Down from a hundred twenty five a short time ago. I hope this is not an indication of the direction the company is going.
Does anyone have knowledge of the company that would possibly explain this, except for the tech sector being weak at the moment?
Have you looked at your stock portfolio lately?
Mine isn't looking so good and I have some very strong companies that have lost ground over the last month. With speculation over the country going into a recession, I suspect this is the most likely cause of the downturn.
I think Garmin probably had a great sales year from all the ads for GPS's for Christmas (OOPS! am I allowed to say Christmas? Oh no there I go again). In any event it was one of the hottest gifts this season.
Nuvi 350 - North Carolina - I'm not a native Southerner but I got here as fast as I could!