Trimble Navigation (TRMB) hit a new 52-week high of $64.06 before closing at $63.50 yesterday (02013.02.05). After the market closed yesterday the company reported 4Q'12 results. Right now (9:46am MST on 02013.02.06) TRMB is at $60.40, down almost 5%. It appears as though analysts are not over joyed with Trimble's short-term outlook. From the company's 4Q'12 press release:
"Our outlook for 2013 remains that of healthy growth, although it is conditioned upon the state of volatility in the U.S. and Europe." -- Trimble CEO Steven Berglund
Trimble's quote seems a bit generic. The well being of most companies is "conditioned upon the state of volatility" here in the U.S. and the world.
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