New businesses hold promise

Article Excerpt

MOTOROLA SOLUTIONS INC. $230 is a buy. The company (New York symbol MSI; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 168.2 million; Market cap: $38.7 billion; Price-to-sales ratio: 4.6; Dividend yield: 1.4%; TSINetwork Rating: Average; recently paid $22 million for Videotec S.p.A. Based in Italy, that firm makes video security cameras that can withstand extreme weather conditions and hazardous environments. Motorola also acquired U.K.-based Calipsa, which develops artificial intelligence software to analyze security video feeds in real time. That helps reduce the number of false alarms. The company paid $40 million for this business. Using acquisitions to expand adds risk. However, these purchases enhance Motorola’s current communication products, such as radios for police and fire vehicles, and let it enter new markets. Motorola Solutions is a buy. buy…

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