I'm very interested in buying some stock in a company specializing in GPS technology. It's a growing market that has yet to come close to its potential, with more innovations coming every day.
I was wondering if any of you guys know of any specific companies new, or at least fresh to this field.
I'm currently looking at Garmin (GRMN), which is a giant, and Novetel (NGPS), which is relatively small and specializing in the high-end aspects of the market. Garmin's stock value has doubled in the last year, while Novitel, in the last 3 years, has grown almost 7 fold.
Any advice would be highly appreciated.
Thanks in advance.