SOURCE: Rothman Research

Rothman Research

August 26, 2010 08:59 ET

Analytical Reports on Agilent Technologies and Garmin -- Growth Is Not Such an Easy Task for Many

JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 26, 2010) -  www.RothmanResearch.com studies the market environment influencing investors' trading decisions on the scientific & technical instruments major players in recent time providing in depth research on Agilent Technologies Inc. (NYSE: A) and Garmin Ltd. (NASDAQ: GRMN). Register for a free membership today on www.rothmanresearch.com to have complete access to these complimentary reports and more.

The scientific and technical instruments industry has performed well as a whole in 2010. In fact, since 2007, technology spending by U.S. consumers is up 1.8%. Despite the overall success of the industry some companies are facing some difficult problems.

www.rothmanresearch.com is a source for investors seeking free information on the scientific & technical instruments industry; investors and shareholders of Agilent Technologies Inc., Garmin Ltd. and other companies in this industry are encouraged to sign up for free at http://www.rothmanresearch.com/index.php?id=6&name=Register.

While spending may be up 1.8%, it got to that point by taking an erratic path. The dramatic ups and downs along the way to an overall gain caused major inventory problems for many companies. Companies anticipated continued growth at times where it slowed or stopped. This resulted in overstocked inventories and narrowed profit margins.

Another immerging problem for the industry is functional convergence. Essentially, the technological trend towards 'all in one' devices is beginning to make some products less necessary. For example, why buy a new MP3 player if your new cell phone is more than up to the task? This issue of functional convergence is becoming increasingly widespread and problematic for many companies reliant on one or two products. 

Companies with a diversified line of products and that have avoided inventory problems are outperforming expectations. As the economy levels out, inventory issues may be less common, but functional convergence could lead to long-term difficulties for some.

One of the top players in the space in the last few quarters is Agilent Technologies Inc. The company recently posted strong results with revenue up 31% to $1.38 billion boosted by the recent acquisition of Varian Inc. Agilent earned $205 million in the last three months ending July 31st, in contrast to a loss of $19 million in the same quarter in 2009. On the other hand, Garmin Ltd. which has been experiencing difficulties in controlling its inventory growth for quite a while cut its revenue projection for the year. The company recently posted a 17% decline in profit to $134.8 million as compared to last year. www.rothmanresearch.com provides technical analysis and free downloadable research reports on Agilent Technologies Inc. and Garmin Ltd. by signing up now at

http://www.rothmanresearch.com/article/a/23915/Aug-26-2010.html or

http://www.rothmanresearch.com/article/grmn/23916/Aug-26-2010.html

Companies looking for additional media or advertising services can call Blue Chip IR at 1-917-267-8836

About Rothman Research
Rothman Research brings independent company and sector research together, utilizing top financial advisors and investment tactics to provide you with a clear picture of investment opportunities.

Contact Information