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Parnassus Fund Comments on Motorola Solutions

Our biggest winner this quarter was Motorola Solutions (NYSE:MSI), the leading global provider of mission-critical communications solutions. The stock contributed 86 basis points to the Fund's performance, as its total return was 19.2%. The stock rose after the company reported quarterly earnings that exceeded expectations and raised its annual guidance, as Motorola's land mobile radio systems, command center software and video security products continue to gain market share and attract new clients.

From Parnassus Fund's second-quarter 2019 commentary.

This article first appeared on GuruFocus.