Barchart.com's Chart of the Day - Trimble Navigation (TRMB) for Mar 28, 2012

The "Chart of the Day" is Trimble Navigation (TRMB), which showed up on Tuesday's Barchart "All Time High" list. Trimble on Tuesday posted a new all-time high of $55.57 and closed up +1.04%. TrendSpotter has been Long since March 13 at $53.03. In recent news on the stock, Trimble on Feb 2 reported Q4 EPS of 54 cents, above the consensus of 48 cents. Management provided Q1 EPS guidance of 61-63 cents, above the consensus of 58 cents. Piper Jaffray on Jan 9 said the pullback in Trimble was a buying opportunity and reiterated its Overweight rating and target of $57. Trimble Navigation, with a market cap of $6.7 billion, sells applications requiring position or location, including surveying, construction, agriculture, fleet and asset management, public safety and mapping.