Re: Why bother?
As someone invested in and following TRMB, which brings up the rear on the "why bother" category, I'd say, IMO, that the $27 figure is very conservative. This stock lost 51 cents a share last year and is about to make 60 cents or better this year. It's predicted to be over $1 a share next year, and I wouldn't be altogether shocked at $1.50. It's the dominant GPS company (21st century infrastructure stuff), with applications in surveying, telecommunications, precision farming, avionics, fleet management, and car navigation. It's been a long wait on this stock, but these markets are really showing up now. It's doubled since May, and it could double again in the next twelve months. |
