Some good news this morning for GRMN, which is having its first green day in 10. BMW selected Garmin to supply PND's for the new BMW 1-series and 3-series automobiles. This is right in Tom Tom's backyard and could be a very good deal (its second with BMW). The stock also received an upgrade from Morgan Stanley from underweight to equalweight, apparently on valuation.I am still holding GRMN calls.
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