- Motorola Solutions is embarking on a Dutch Auction to repurchase $2 billion worth of shares around the current price.
- The stock continues to offer the highest net payout yield in the large-cap sector as the company aggressively returns capital to shareholders.
- Follow the smart investors and hold onto the stock.
The recent stock action in Motorola Solutions (NYSE:MSI) again provides an example of what happens when the market becomes overly negative on a large company with a solid balance sheet. The stock collapsed back in April after the company failed to find a buyer, but it didn't change the appeal of the stock for investors.
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Disclosure: Long MSI. Please review the disclaimer page for more details.