Garmin and Navteq on Wallstrip
- Posted by Howard
- on August 5th, 2007
These two beauties are no strangers to my blog. I love both companies, but you CAN’T and SHOULD NOT chase. Today on Wallstrip, we take a look at Garmin and Navteq.
A few things I noticed from today’s show:
1. Nobody really owns GPS units and few people have heard of Garmin or Navteq.
2. Everyone will…soon
3. Lindsay looks great in Lycra
The fact that Garmin has grown to a $20 billion market cap will mean that the big boys will come to share at the trough. Garmin’s stakes have risen. A slip up will be costly. Navteq is in a better situation as many companies must be eying them.
It’s product’s like the Garmin Forerunner that Lindsay is wearing in the show, that give Garmin the early lead. Bijan had a great review of the product last month .
The end game will be decided by FASHION over technology so look for Apple to be a major player in the space before all is said and done.
Here are the Google Finance start pages for both Garmin and Navteq .
Finally, Brian takes a look at the technical picture:
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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