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Past Top Stock Pick Learn from these chart patterns. (Past performance does not guarantee future results) Up 48% from $37 (2006-03-06)
On March 6, 2006 we profiled Garmin Ltd
(GRMN) as a Top Stock Pick
to our members at $37. Within a period of six months, GRMN rose to a high of $54.75, for a return at it's peak of 48%. Obviously, one cannot sell exactly at the peak, but here is what we had observed about GRMN: - GSA Rank: 71.53 (Our proprietary ranking for GRMN using fundamental AND technical factors)
- Accum/Dist Rank: 1.03 (Up vs. down volume action of GRMN taken over several weeks)
- Industry Group Rank: 6 (GRMN was in an industry showing strong group action)
- Projected Growth Rate: 15.40% (GRMN's projected 5-year growth rate)
Most importantly, GRMN was trading just 1.4% off it's 52-week high price. It is imperative to not only buy the best stocks that are fundamentally sound, but also to time your purchase correctly.
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