Jerome Dodson's Parnassus Funds Comments on Motorola Solutions

- By Holly LaFon

Motorola Solutions ( NYSE:MSI ), the largest provider of mission-critical communications solutions, added 105 basis points to the Fund's return, as its total return was 29.6%. The stock moved higher as the company raised its full-year earnings guidance three times during the year due to broad-based demand for its land mobile radio systems and surveillance solutions from Avigilon, a recent acquisition. Motorola is winning market share and expanding its addressable markets by providing the most innovative and complete communications solutions to its public safety and corporate clients.

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• MSI 15-Year Financial Data

• The intrinsic value of MSI

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From Jerome Dodson (Trades, Portfolio)'s Parnass Funds' fourth-quarter 2018 shareholder letter.
This article first appeared on GuruFocus.

• Warning! GuruFocus has detected 8 Warning Sign with TRI. Click here to check it out.

• MSI 15-Year Financial Data

• The intrinsic value of MSI

• Peter Lynch Chart of MSI