We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Motorola Solutions, Inc. (MSI - Free Report) recently announced that it has acquired WatchGuard, Inc. — a leading provider of mobile video solutions for law enforcement — for an undisclosed amount. The move augments the communications equipment maker’s mission-critical ecosystem.
Headquartered in Allen, TX, WatchGuard manufactures in-car video systems and body-worn cameras along with evidence management software. The firm’s market-leading solutions facilitate law enforcement users to capture, store and share high-quality video evidence for expediting the judicial process.
Markedly, the buyout leverages Motorola’s global footprint and adds new capabilities to its video security solutions portfolio, which includes fixed cameras and advanced analytics from Avigilon as well as license plate recognition cameras and software from Vigilant Solutions.
As a leading provider of mission-critical communication products and services worldwide, Motorola has ensured a steady revenue source from this niche market. It aims to fortify its position in the public safety domain by working with other players in the ecosystem.
The company is poised to benefit from organic growth and acquisition initiatives, disciplined capital deployment, and favorable global macroeconomic environment. Its competitive position along with an attractive portfolio for large addressable market augurs well for future growth.
Motorola has long-term earnings growth expectation of 7.7%. Led by strong demand across its platforms, the stock has rallied 41.6% compared with the industry’s growth of 2.2% in the past year.
Motorola currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include Comtech Telecommunications Corp. (CMTL - Free Report) , Ubiquiti Networks, Inc. and Ericsson (ERIC - Free Report) . While Comtech and Ubiquiti sport a Zacks Rank #1 (Strong Buy), Ericsson carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Comtech has long-term earnings growth expectation of 5%.
Ubiquiti has long-term earnings growth expectation of 19.8%.
Ericsson is currently trading with a forward P/E of 24.7X.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
Image: Bigstock
Motorola Buys WatchGuard, Expands Mission-Critical Ecosystem
Motorola Solutions, Inc. (MSI - Free Report) recently announced that it has acquired WatchGuard, Inc. — a leading provider of mobile video solutions for law enforcement — for an undisclosed amount. The move augments the communications equipment maker’s mission-critical ecosystem.
Headquartered in Allen, TX, WatchGuard manufactures in-car video systems and body-worn cameras along with evidence management software. The firm’s market-leading solutions facilitate law enforcement users to capture, store and share high-quality video evidence for expediting the judicial process.
Markedly, the buyout leverages Motorola’s global footprint and adds new capabilities to its video security solutions portfolio, which includes fixed cameras and advanced analytics from Avigilon as well as license plate recognition cameras and software from Vigilant Solutions.
As a leading provider of mission-critical communication products and services worldwide, Motorola has ensured a steady revenue source from this niche market. It aims to fortify its position in the public safety domain by working with other players in the ecosystem.
The company is poised to benefit from organic growth and acquisition initiatives, disciplined capital deployment, and favorable global macroeconomic environment. Its competitive position along with an attractive portfolio for large addressable market augurs well for future growth.
Motorola has long-term earnings growth expectation of 7.7%. Led by strong demand across its platforms, the stock has rallied 41.6% compared with the industry’s growth of 2.2% in the past year.
Motorola currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include Comtech Telecommunications Corp. (CMTL - Free Report) , Ubiquiti Networks, Inc. and Ericsson (ERIC - Free Report) . While Comtech and Ubiquiti sport a Zacks Rank #1 (Strong Buy), Ericsson carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Comtech has long-term earnings growth expectation of 5%.
Ubiquiti has long-term earnings growth expectation of 19.8%.
Ericsson is currently trading with a forward P/E of 24.7X.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>