Why Motorola (MSI) is a Top Momentum Stock for the Long-Term

Company Overview - Motorola Solutions, Inc. is a leading communications equipment manufacturer based in Chicago, IL, with strong market positions in bar code scanning, wireless infrastructure gear, and government communications [12] - The company was formed following the split-off from its parent company Motorola, Inc. on January 4, 2011, and provides services and solutions primarily to government segments and public safety programs, as well as large enterprises and wireless infrastructure service providers [12] Investment Insights - Motorola Solutions has a Zacks Rank of 3 (Hold) and a VGM Score of B, indicating a solid position in the market [13] - The company has a Momentum Style Score of B, with shares increasing by 4.9% over the past four weeks, suggesting positive momentum [13] - For fiscal 2024, eight analysts have revised their earnings estimates upwards in the last 60 days, with the Zacks Consensus Estimate increasing by $0.32 to $13.04 per share [13] - Motorola Solutions boasts an average earnings surprise of 7.5%, indicating a history of exceeding earnings expectations [13] - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, Motorola Solutions is recommended for investors' consideration [14]