Zacks Analyst Blog Highlights: SRS Labs, Techwell, Garmin, Panasonic and Ford
For Immediate Release
Chicago, IL – July 29, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: SRS Labs (SRSL), Techwell (TWLL), Garmin (GRMN), Panasonic (PC) and Ford (F).
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Here are highlights from Tuesday’s Analyst Blog:
Auto Electronics Poised for Growth
A recent iSuppli report painted a brighter picture for the auto industry, and the electronics segment of the industry in particular. Auto sales are expected to increase in the second half of the year, growing up to 5.7% in 2010. Electronic components, such as audio head units, personal navigation devices (PNDs), advanced driver assistance systems (ADAS), embedded telematics systems and Bluetooth are expected to benefit.
This should be good news for companies like SRS Labs (SRSL), Techwell (TWLL), Garmin (GRMN) and TomTom.
SRS management stated that its auto business fared better than the overall auto industry in the first quarter. The company’s customers in the auto market are Panasonic (PC), Kenwood, Pioneer and Fujitsu-Ten.
Comments made by car makers such as Ford (F) that demand for cars incorporating electronics exceeds demand for cars without them further validates this view. Techwell’s video decoding systems are targeted at navigation, entertainment and driver information systems, while Garmin and TomTom are the market leaders in navigation. All these companies are expected to benefit.
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Read the full analyst report on SRSL
Read the full analyst report on TWLL
Read the full analyst report on GRMN
Read the full analyst report on PC
Read the full analyst report on F

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