GRMN
Garmin: Growth at a Reasonable Price?
Read the full article: http://www.magicdiligence.com/articles/garmin-GRMN-stock-pit...
Garmin is the dominant player in the fast growing GPS market. The company has delivered nearly 50% annual earnings growth since 2003, and is expected to grow at 17% per year going forward. With it's current 11 P/E, is Garmin a textbook example of growth at a reasonable price?
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