Artificial intelligence has been the subject of many recent discussions about technology investing, with NVIDIA, Alphabet and Microsoft in the spotlight. For investors looking to diversify their holdings, one stock is likely to be[flying] Trent Masters, a portfolio manager at Alfinity Investment Management, rates the company as “low-profile.” Pointing to communications company Motorola Solutions, Masters calls it “a very beautiful, solid, public safety-focused company.” “It's low-profile, but we like it a lot and have owned it for a while,” said Masters, who is bullish on Nvidia and AI in general. Motorola's MSI hits new high for the year “When you think of Motorola, you think of cell phones, but it's a fundamentally different business,” Masters told CNBC's “Street Signs Asia” recently. “The cell phone business is pretty much gone now, and the whole point of this business is to facilitate public safety,” he added. “About 70 percent of the business” is devoted to land mobile radios (LMRs), or “walkie-talkies that emergency responders use to communicate.” The rest of the business includes video security and building command center units. Masters was bullish on the stock, saying Motorola's LMR business is currently in an upgrade cycle where new equipment is selling at high prices, he said. He added that the company's video security and command center businesses are also seeing increased market support. “You have these three pieces that support public safety. [and] Government spending. This is the market domain. [where] “Even if the environment looks a little bit fishy, ​​we're not really constrained in terms of spending,” he added. Put all that together, Masters said, and you have a “very strong, high-quality, mixed business,” which Masters said is “operating well and we continue to do well.” “Compounding wins,” Masters added in a note to CNBC. While Masters noted that AI is not a “primary driver” for the company, nor is it a pure-play like Nvidia or Microsoft, he said there are some “potential gaps” where AI could be used to “enhance growth.” One such potential use is Motorola's video security solutions, where Masters said AI could help identify if someone is entering a school with a gun and “control access” to the school. Motorola shares, traded on the New York Stock Exchange, have risen more than 18% year to date and more than 30% in the past 12 months. Of the 15 analysts covering the stock, nine have given it a buy or overweight rating, and six have given it a hold rating, according to FactSet data. The stock has an average target price of $376.38, which could lead to slight downside.
