Zacks_Analysts' Blog : MSI Launches New Product - Analyst Blog

Motorola Solutions Inc. (MSI), a leading communications equipment manufacturer, recently launched two-way radios with waterproof resistance called TALKABOUT MS350R. This new series of radios is priced at $99.99 per pair.

These newly launched radios are powered by Motorola's popular Push-to-Talk (PTT) technology and will help users to communicate during poor weather conditions. It will be of great help to the hunters and the travelers during inclement weather. The device possesses in-built LED flashlight, which will also enhance night viewing. Another interesting feature about the device is that it provides updated weather information during heavy storms.

Motorola Solutions was formed after the spin-off from its parent company Motorola Inc. on January 4, 2011. The company develops and services both analog and digital two-way radio, voice & data communications products and systems for private networks, wireless broadband systems and provides end-to-end enterprise mobility solutions to a wide range of enterprise markets.

Motorola Solutions is market leader in the lucrative U.S. Public Safety market.The company’s business model remains compelling and we believe the company will be able to maintain its current top-line growth going forward primarily due to the critical nature of the public safety network in the U.S. and massive growth potential in the Middle East.  

Furthermore, the company has entered into an agreement with Verizon Wireless (VZ) to install a standard-based public safety broadband network for mission-critical operations leveraging on the nationwide LTE network of Verizon, which we believe will act as a positive catalyst for the stock going forward.

We, thus, maintain our long-term Outperform recommendation on Motorola Solutions Inc. Currently, Motorola Solutions Inc. has a Zacks #1 Rank, implying a short-term Strong Buy rating on the stock.