Motorola Solutions (MSI, Financial) was a notable contributor to Wedgewood Partners' Q2 2024 performance. The fund, led by David Rolfe (Trades, Portfolio), highlighted Motorola's steady execution and its critical role in emergency communication solutions as key drivers of its success.
"Motorola Solutions was a contributor to performance as the Company continued its steady execution with +10% sales growth and +20% operating earnings growth. Motorola also continues to grow its backlog due to its competitively advantaged core land mobile radio (LMR) business." — David Rolfe (Trades, Portfolio), Wedgewood Partners, Q2 2024 Fund Letter
Read full letter at gurufocus David Rolfe's Wedgewood Partners 2nd-Quarter Letter: 'Apple of Our AI' 2024 Q2 page.