Shane Obata Motorola MSI-N BUY Aug 11, 2023

Good business model with cyber security demand.
Excellent business with good long term prospects.
High margins on products.
Demand for business not going anywhere. 

Fully intends to continue holding. Cash cow is radio communications, which continue to grow at mid-single digit rates. Transitioning from hardware to software, in particular video security cameras, which is a small part of the business growing 20%.

Services business within telecom space. Niche is government procurement contracts. Overall - long term share price has been good. Would recommend a small investment. Recent share price all time high a concern. Would wait to invest on weakness. 

A great company that just coins money. Their end users include government infrastructure. A great CEO.

Largest security camera and radio manufacturer. Sells into police departments. Traffic cameras, body cams. Thinks police budgets could get bigger, and this would benefit. Yield is 0.8%.

Today, the company's more about keeping the city safe and connected. 2/3 of company revenue comes from radios, video surveillance, and central-hardware systems. Rest comes from the software side with long-term contracts, strong profit margins, and reliable cashflow. Likes this recurring revenue. 

Recent acquisition brings in advanced wireless tech, expanding reach into higher-growth areas such as defense and automation. Q1 earnings beat, raised guidance for 2025. Huge backlog. Margins expanding. Steady earnings growth ahead despite tariff noise. Will be volatile, but upside potential of almost 20%. Yield is 1.03%.