August 4, 2005
SpeculatingStocks.com Stock Pick: Motorola, Inc. (MOT)
Stock Price: $22.00 (long-term strong buy)
Motorola is a global communications leader that provides seamless mobility products and solutions across broadband, embedded systems and wireless networks. In the computer industry, Motorola is widely known for its 68000 and PowerPC microprocessor families.
MOT has been a been moving strongly higher since mid-April and is showing no signs of letting up. Since April 18th, MOT shares have been up over 52%.
Motorola has come out with some amazing technology as of late including the ultra thin Motorola Razor cell phone. If the company continues to innovate in the cell phone space, cell phone users will be begging for a light weight, thin cell phone and Motorola will have them.
SpeculatingStocks.com Target Price: We expect MOT to reach $30.00 within the next 2-4 months.