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6 pts

Opinion on  NAVTEQ Corp (NVT)     Sector: Services  >  Industry: Printing & Publishing
An expensive stock, but might be worth it as a takeover candidate

Sep 26, 2007 11:56 AM GMT
Gekko
Return Risk
+6.33% HIGH
Sr. Associate

NAVTEQ is a provider of digital map information for automotive navigation systems, mobile navigation devices and Internet-based mapping applications. Its map database enables providers of these products and services to offer navigation, route planning, location-based services and other geographic information-based products and services to consumer and commercial users.   This is a fast growing company with an enormous P/E ratio.  The margins are enormous and seem to improve from quarter to quarter.  I could see a being acquired by either a Garmin, Google, or some other tech player. 


NVT:  This call was made on 09/26/07 @ $78.28
Rating:   Positive   $78.28 (09/26/07)
Closed:   07/02/2008 @ $77.86 (-0.54% in 280 days)


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