Garmin Touching New Lows

By Paul Kedrosky · Monday, March 31, 2008 ·

Here is a poster-child for how hot sectors don't always translate into hot stocks: The GPS business is booming, with such location devices being the hot product this past Christmas, and lots of heat, but sector kingpin Garmin is touching new 52-week lows today.

grmn-52-week

[Update] My friend Om is, as always, right there on the "death of GPS" story. Good stuff.

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