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Strong Demand Drives Motorola Growth

By:
Lucas Downey
Published: Jul 2, 2024, 18:19 GMT+00:00

Video, radio, and software solutions from Motorola Solutions, Inc. (MSI) are in demand from customers and it’s driving strong corporate growth.

Wall street in New York City, FX Empire

In this article:

Security companies and public safety agencies alike are eager for MSI’s safety-focused technologies. Additionally, the company recently acquired a cloud-based business continuity firm that should drive more growth related to its resilience and event management efforts.

These tailwinds are reflected in financial metrics too. For example, MSI’s consensus per-share earnings estimate has been boosted nine times in the past few months. Now the company is expected to achieve revenue growth of 7.1% and earnings growth of 9.5% on a year-over-year basis.

It’s no wonder MSI shares are up 23% this year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock.

Big Money Securing Motorola Shares

Institutional volumes reveal plenty. In the last year, MSI has enjoyed strong investor demand, which we believe to be institutional support.

Each green bar signals unusually large volumes in MSI shares. They reflect our proprietary inflow signal, pushing the stock higher:

Source: www.mapsignals.com

Plenty of technology names are under accumulation right now. But there’s a powerful fundamental story happening with Motorola.

Motorola Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, MSI has strong sales and earnings growth over the years:

  • 3-year sales growth rate (+10.4%)
  • 3-year earnings growth rate (+23%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +7.7%.

Now it makes sense why the stock has been powering to new heights. MSI has a track record of strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

Motorola has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report multiple times over the last six years, with more potentially on the horizon. The blue bars below show when MSI was a top pick…moving share up in value:

Source: www.mapsignals.com

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

Motorola Price Prediction

The MSI rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in MSI at the time of publication.

If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here.

About the Author

Lucas Downeycontributor

Lucas is a well-versed equity investor and educator. He currently is co-founder of research and analytics firm, MAPsignals.com, which focuses on finding outlier stocks by following the Big Money.

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