Motorola is a solid pick in turbulent times

Article Excerpt

In light of current market uncertainty, Motorola Solutions remains a solid choice for your portfolio. The company should see strong demand for police radios and video surveillance equipment as the Trump administration increases spending on border patrols. As well, while most of its suppliers are outside of the U.S., Motorola is confident it can adjust its supply chains to minimize the impact of new tariffs. Its large order backlog also cuts your risk. MOTOROLA SOLUTIONS INC. $431 is a buy. The company (New York symbol MSI; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 166.9 million; Market cap: $71.9 billion; Price-to-sales ratio: 6.8; Dividend yield: 1.0%; TSINetwork Rating: Average; www.motorolasolutions.com) makes communications equipment such as two-way radios for police and fire vehicles, as well as high-definition surveillance systems. It also makes software that helps governments manage their emergency response call centres. The company gets 60% of its revenue from selling hardware, and 40% from software and services. Its biggest single market is the U.S….