Google map quietly added the latest enhancement from everybody’s trusted map vendor: NavTeq – the digital pictures along the road. For now, you can only see this for a few cities – San Francisco, Las Vegas, DC, etc.
I read an article about the 100 or so vans people drive around various parts of the world doing road mapping and picture taking for NavTeq. Its products and services are also used in many GPS devices and GPS equipped cell phones where it derives the most revenue.
So I thought I’d check out its stock price. Sure enough, its share price has risen in the last two weeks from $37 to above $44 before settling down with the big market to around 42.35 today. Given the craziness around mobile devices such as the hyper around iPhone and Google mobile, I think NavTeq is still a good buy.