This is my totally amateurish/ quick and dirty way of knowing when Garmin is a good buy. Garmin generally bounces around inside a range of PEs with a low around 22 and a high around 35. The closer you are to the low end of that range the better. When the PE is below 25 it's a fire sale. Using this crude metric here is an equally crude representation of where we sit right now. |25 . . . . 30 . . V . . 35Even though Garmin just got shaved for a whooping 20% in the last 2 days it's still not a screaming bargain. Even so, earnings are likely to continue up throughout the year and Garmin tends to finish the year strong. This is a good price to get your feet wet and test the water.Of course... this is all just baloney, voodoo, and is likely as accurate as reading entrails. -- DennisLonger Garmin than anything else.
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