Three Top Buys for GPS Profits

Article Excerpt

TRIMBLE NAVIGATION $21.77 (Nasdaq symbol TRMB; SI Rating: Speculative) (408-481-6914; www.trimble.com; Shares outstanding: 119.5 million; Market cap: $2.6 billion) makes GPS devices and technology for four main markets: Engineering and construction; Agriculture GPS products; Fleet products to track moving vehicles; and GPS components for major customers around the world. Trimble’s revenues in the three months ended September 30, 2008 rose 10.8%, to $328.1 million from $296 million. Earnings per share rose 39.1%, to $0.32 from $0.23. (All figures in U.S. dollars.) Debt of $51.5 million is a reasonable 43% of market cap. Trimble spends a high 11% of sales on research. Trimble is still a buy for aggressive investors. LOJACK CORP. $4.85 (Nasdaq symbol LOJN; SI Rating: Speculative) (www.lojack.com; 781-326-4700; Shares outstanding: 17.4 million; Market cap: $84.1 million) sells vehicle theft recovery systems. The company has two main products: the LoJack Vehicle Recovery System and the LoJack Early Warning System. LoJack operates in the U.S. and 30 other countries around the world. In…