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Garmin Flying High

Stock quotes in this article: GRMN  

Can navigation devices maker Garmin(GRMN Quote) maintain its torrid pace?

The company, which reports its third-quarter earnings Wednesday, scorched analyst expectations in the second quarter when it posted earnings of $1 a share against estimates of 74 cents.

Garmin's stock is up 43.5% in the three months since July 30 and up nearly 120% this year. Currently its shares are hovering near the 52-week high of $125.68. The stock was down $1.20, or 0.9%, to $122.57 in recent trading. ...

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