"Though I've long believed Garmin (NASDAQ: GRMN) was easily the best managed firm in the GPS space, it continues to feel the sting from competitive forces," says Paul McWilliams.

Here, the technology stock specialist and editor of Next Inning reviews the company and the prospects for its new entry in the cell phone market -- the nuvifone.

"As you would expect, the nuvifone is very GPS-centric with all sorts of Geo-tagging features for email, SMS and pictures. It also includes an Opera browser and is fully capable of viewing Word, Excel and PowerPoint documents and working with both personal and enterprise email systems.

"While I've not seen one in person yet, what I've heard from those who have and from what I've seen on the GRMN web site, I think the product has potential.

"The key, however, will be how the nuvifone is marketed and how well GRMN does in building an applications store, a factor that I think will be a huge differentiation driver as we move forward in the Smartphone sector.

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.

"I've been looking for an opportunity to invest in Garmin International (NASDAQ: GRMN) -- the fast growing global positioning satellite market -- for sometime now," notes wireless industry expert Nikhil Hutheesing.

The editor of The Forbes Wireless Stock Watch says, "Now, with the market rather jittery and competition picking up among GPS companies, Garmin is presenting a good opportunity." Here is his review.

"Garmin has been executing on all fronts and its revenues and earnings have been growing rapidly.While competition is picking up, the outlook for Garmin is good - yet the stock is down about 50% from where it was just a few months ago.

"Garmin International is the dominant player in global positioning satellite technology products. Many of us know Garmin's popular eTrex handheld used by hikers, and automobile systems like its StreetPilot. Garmin has become one of the largest GPS companies in the world, with a 45% market share in the U.S.

"But Garmin aims to be a lot more than just a 'GPS' company. Garmin's management is fully aware that most smart phone makers like Palm and Blackberry are encroaching on its core GPS business. Moreover, nearly every cell phone now has the capability of acting as a GPS navigation system as well.

Garmin International (NASDAQ: GRMN) is the latest Spotlight Stock from relative strength expert Dan Sullivan. The editor of The Chartist newsletter explains, "Since the time Garmin's GPS handheld units were first used in the Gulf War, the company has build a reputation for innovation, quality products and superior customer service."

He continues, "Its GPS products employs a proprietary integrated circuit and receiver designed to collect, calculate and display location, direction, sped as well as other information depending on the specific use of the customer.

Products, he notes, are sold in more than 100 countries with its consumer products being sold through retails chains, consumer electronic stores, sporting good, marine retailers and catalogs.