1 Tech Giant's New Low

By Chris Hill – Feb 20, 2013 at 8:24PM

NYSE: GRMN

Garmin

Market Cap

$27B

Today's Change

(0.46%) $0.65

Current Price

$142.29

Price as of April 16, 2024, 3:56 p.m. ET

Can this GPS maker still find its way?

The following video is from Wednesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Joe Magyer and Matt Argersinger, discuss the top business and investing stories of the day.

Shares of Garmin (GRMN 0.46%) were down more than 10% this morning after fourth-quarter profits fell by double digits. The GPS maker hit a new 52-week low. Is there any hope for Garmin? In this installment of MarketFoolery, our analysts discuss housing stocks.

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The relevant video segment can be found between 3:06 and 6:40.

For the full video of today's MarketFoolery, click here.

Chris Hill, Joe Magyer, Fool contributor Matthew Argersinger, and The Motley Fool have no position in any of the stocks mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.