Motorola Solutions, Inc. (MSI - Free Report) recently augmented its communications portfolio with the launch of the TLK 150 Mobile Two-Way Radio. This push-to-talk radio device adheres to all security guidelines of the Federal Motor Carrier Safety Administration (FMCSA) pertaining to driver safety and offers a perfect solution for the on-the-go workforce.
Equipped with hands-free accessories, the TLK Mobile does not feature any screen to avert distracting drivers and offers nationwide coverage with a two-way communication system. Its small and compact design makes it perfectly suitable for mounting on multiple places within a vehicle while offering seamless connectivity across different devices, networks and locations leveraging on WAVE – a subscription-based group communication service. This, in turn, eliminates the need to develop a costly radio infrastructure to stay connected or utilize the FCC spectrum or manual programming to communicate with multiple users.
In particular, the TLK 150 is interoperable with land mobile radio (LMR), making it easier to communicate with an existing radio network. Moreover, it utilizes AES-256 encryption to ensure safe and secure two-way radio communications on a real-time basis with extensive coverage. At the same time, it offers users the ability to manage subscriptions and increase the number of connections or active users without additional infrastructure costs. The TLK 150 also offers other critical safety features like location tracking, emergency calling services and alerts for drivers along with crisp and clear audio features.
As one of the top providers of mission-critical communication products and services, Motorola has ensured a steady revenue stream from this niche market. The communications equipment maker intends to strengthen position in the public safety domain by entering into alliances with other players in the ecosystem. The company is poised to benefit from organic growth and acquisition initiatives, disciplined capital deployment, and a favorable global macroeconomic environment. Its competitive position along with an attractive portfolio for a large addressable market augurs well for future growth.
Motorola expects to witness strong demand across LMR products, services and software. These systems drive demand for additional device sales and promote software upgrades and infrastructure expansion. The comprehensive suite of services ensures continuity and reduces risks related to critical communication operations.
Motorola currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the industry are InterDigital, Inc. (IDCC - Free Report) , PCTEL, Inc. (PCTI - Free Report) and Ubiquiti Inc. (UI - Free Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
InterDigital has a long-term earnings growth expectation of 15%. It delivered a positive earnings surprise of 99.5%, on average, in the trailing four quarters.
PCTEL delivered a positive earnings surprise of 33.9%, on average, in the trailing four quarters.
Ubiquiti has a long-term earnings growth expectation of 12.5%. It delivered a positive earnings surprise of 4.6%, on average, in the trailing four quarters.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>