"What's so special about the new Nuvifone from Garmin Ltd. (NASDAQ: GRMN)?" asks global expert Tony Sagami. In his The Asia Stock Alert he takes a look at the new high tech device.

'The tech world has been waiting for the one of the more natural technological marriages to happen. I'm talking about merging the useful functionality of hand-held GPS devices with the mobile phone.

"Along with that anticipation has been the speculation of which cell phone maker Garmin would team up. The mystery is over! Instead of teaming up with somebody, Garmin itself is entering the cell phone business.

"The company will leap into the mobile phone market during the third quarter of 2008 with its new Nuvifone - a one-of-a-kind communication tool, because it has all the bells and whistles of the iPhone plus Garmin's great navigation system.

"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.

"Rivals may be creating a buzz in the market for navigational technologies, but Garmin Ltd. (Nasdaq: GRMN) will fight off its rivals as it always has, with product breadth and innovation," says Ian Wyatt in Top Stock Insights.

"Garmin, which first started selling products in 1991, has been on a run. Since 2001, the company has compound annual revenue growth of 30%; net income has grown 29% compounded annually.

"Through sound financial execution, Garmin has become a worldwide leader in providing navigation, communication and information devices, many of which carry global positioning system (GPS) technology.

"The automotive and mobile division, which represents the company's portable navigation devices (PNDs), dominates the company's business. PNDs are the fastest growing, most competitive and most consequential market for Garmin and accounted for 71.2% of revenue in third quarter of fiscal 2007.

"In the North American PND market Garmin's share is more than 50%, and its PND share in Europe is 20%. Itss market share is greater than 60% in aviation and higher than 30% in marine electronics. The company's main geographic market is North America, followed by Europe, and then - to a much smaller extent - Asia.

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.