Analyst View, Impact of Global Events -- Research Report on Garmin Ltd. and Ultratech, Inc.
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HONG KONG, Oct 27 (MARKET WIRE) --
Today, www.WorldStreetFundamentals.com released its industry report
highlighting Garmin Ltd. (NASDAQ: GRMN) and Ultratech, Inc. (NASDAQ:
UTEK). Full fundamental and technical analysis is available at
www.WorldStreetFundamentals.com/Reports.php?id=GRMN+UTEK.
Short-term outlooks within US and global economies continue to adjust
downward, as US Treasury yields touched their lowest levels in over 65
years. International Monetary Fund downgraded estimates for US growth by
1.0% this year, down from 2.5%. 'Significant downside risks' to the US
economy were confirmed by the Federal Reserve pressured by 'strains in
global financial markets'.
As the US dollar trades above an eight-month high against the Euro, it
highlights a deepening of the Eurozone sovereign debt crisis - furthered
by continued policy inaction from European governments. We expect
continued volatility until economic data stabilizes and we see decisive
policy action to deal with the Eurozone debt crisis.
Our members are preparing for a turn in tides. Currently, the Credit
Suisse Risk Appetite Indicator is at a 30-year low. For the past three
occurrences, this level has acted as a leading indicator of large stock
market rallies 18 months following.
World Street Fundamentals has highlighted Garmin Ltd. for its current
position within the technology industry. Garmin Ltd. (Garmin) is a
provider of navigation, communication and information devices and
applications, which are enabled by global positioning system (GPS)
technology. Garmin designs, develops, manufactures and markets a diverse
family of hand-held, portable and fixed-mount GPS-enabled products and
other navigation, communications and information products. The entire
report on Garmin Ltd. (NASDAQ: GRMN) is available here:
www.WorldStreetFundamentals.com/Report.php?id=GRMN.
World Street has featured Ultratech, Inc. for its development within the
technology industry. Ultratech, Inc. (Ultratech) develops, manufactures
and markets photolithography and laser thermal processing equipment
designed for manufacturers of integrated circuits, including advanced
packaging processes and various nanotechnology components, thin film head
magnetic recording devices, optical networking devices, laser diodes and
high-brightness light emitting diodes (HBLEDs). The entire report on
Ultratech, Inc. (NASDAQ: UTEK) is available here:
www.WorldStreetFundamentals.com/Report.php?id=UTEK.
About World Street
World Street Fundamentals is an online portal for
professionals, investors and new-comers to the markets to find in depth
comprehensive research and research tools to help guide you through the
ever changing financial markets.
Contact:
Adam Redford
editor@worldstreetfundamentals.com
www.WorldStreetFundamentals.com
Copyright 2011, Market Wire, All rights reserved.
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