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Trading Review for Garmin Limited Issued by Beacon Equity(November 03, 2009)
DALLAS, Nov. 3, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring science technology instruments company Garmin Limited (Nasdaq:GRMN). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The investment report on Garmin Limited (Nasdaq:GRMN) should be of particular interest to science technology instruments companies: Google Inc. (Nasdaq:GOOG), Sony Corp. (NYSE:SNE) and Tom Tom (Other OTC:TMOAF).
It is available at: http://www.beaconequity.com/i/GRMN
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Garmin Limited (GRMN) is a worldwide vertically integrated maker of global positioning systems (GPS) products, navigation, communications and other information products. The Company operates four separate segments, including Automobile/Mobile, Outdoor/Fitness, Marine and Aviation. Founded in 1990, the Company is headquartered in Olathe, Kansas.
In the report, the analyst notes:
"Garmin Limited (GRMN) operates within the personal navigation device (PND) market. Market competition and depressed economic conditions have weighed on the industry players recently due to historic troubles in the banking and credit markets and anticipated technology giant Google's recent entry into the market.
"GRMN will have to have an answer to Google Navigator, now available on iPhone and Android -- Google's open-source cellular operating system. Industry sources believe that the momentum toward Google's Android and Maps may overtake Apple's iPhone, scrambling investors out of GRMN for now. Google's dominance in Web advertising may be only the first victory in the fight for eyeballs, with the second fight for the mobile ad industry just heating up. The Company's prospects within the consumer market may become more difficult over time."
To read the entire report visit: http://www.beaconequity.com/i/GRMN
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BeaconEquity.com is one of the industry's largest small-cap report providers striving to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Beacon Equity nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CONTACT: Beacon Equity Research
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