Garmin (GRMN)

Smarttrend.com is reporting that Barclays Capital equity research issued a note to clients Wednesday following a meeting with Garmin's management. The note concluded with this statement, "Coupled with expectations of growth in its other business lines driven largely by new product introductions, share gains, and a broader cyclical recovery, management is planning for growth on a top and bottom line basis (compared to consensus expectations of a decline)."
Garmin's stock is currently up 4% in today's trading to $31.24.

Dec 9 · 3:41:00 PM · Source: Smarttrend.com
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by Rich Pike