Garmin (NASDAQ: GRMN), which makes GPS-enabled consumer devices, is a new buy recommendation from value investor Charles Mizrahi. Here's his long-term outlook from his Hidden Values Alert.
"Garmin a leading worldwide provider of navigation, communications and information devices, most of which are enabled by Global Positioning System (GPS) technology.
"It designs, develops, manufactures and markets a diverse family of hand-held, portable and fixed-mount GPS-enabled products and other navigation, communications and information products for the automotive/mobile, outdoor/fitness, marine and general aviation markets.
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