Garmin Stock Upgraded

Eric • 8th Oct 2007 • Finance

Garmin was upgraded today, so the stock is up. Wee!

However, it was upgraded from a “sell” to “neutral” by AmTech Research. AmTech Research put a “sell” on Garmin when it was $43 / share. Since then, it’s paid $1.25 in dividends & rose to a high near $120 / share.

Should we even listen to these chuckleheads at AmTech? Doesn’t seem they have any clue as to what’s going on.

Moral of the story: do your research before you buy.