10 Best Wide Moat Stocks to Buy According to Wall Street Analysts

7. Motorola Solutions, Inc. (NYSE:MSI)

Average Upside Potential: ~23.6%

Number of Hedge Fund Holders: 61

Motorola Solutions, Inc. (NYSE:MSI) is one of the Best Wide Moat Stocks to Buy According to Wall Street Analysts. On May 14, the company announced its $100 million plan to scale and diversify the manufacturing as well as supply chain operations of Silvus Technologies, which is a global leader in advanced tactical networking and electromagnetic spectrum operations (EMSO).

Furthermore, it was highlighted that, while expansion is expected to result in 200 new roles, the capacity increase could allow Silvus to scale production of its mission-critical StreamCaster MANET radios. With the landscape for defense technology evolving, Motorola Solutions, Inc. (NYSE:MSI)’s Executive Vice President and Chief Operating Officer opines that the need for resilient, high-bandwidth communications is important.

The investment helps in making sure that Silvus can meet the growing demand for the industry-leading mesh networking and electromagnetic spectrum operations solutions. The investment is backed by the Utah Governor’s Office of Economic Development and the Utah Inland Port Authority.

Motorola Solutions, Inc. (NYSE:MSI) is engaged in offering public safety, government, defense, and enterprise security solutions.

1281292 - 11759070 - 1