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Chicago, Illinois-based Motorola Solutions, Inc. (MSI) provides public safety and enterprise security solutions. Valued at $83.7 billion by market cap, the company develops data capture, wireless, infrastructure, bar code scanning, two-way radios, and wireless broadband networks. Motorola also produces public safety and government products, voice and data communications products and systems, and wireless LAN securities.
Shares of this leading provider of communications and analytics have outperformed the broader market considerably over the past year. MSI has gained 56.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 31%. In 2024, MSI stock is up 60%, surpassing the SPX’s 25.2% rise on a YTD basis.