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Aviat Boosts Wireless Access Portfolio With 4RF Buyout - Aviat Networks (NASDAQ:AVNW), Motorola Solns (NY

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2024-07-04 00:17

Aviat Networks, Inc. (NASDAQ: AVNW) recently inked a definitive agreement to acquire 4RF Limited for an undisclosed amount.

  Image Source: Zacks Investment Research

  Zacks Rank and Key Picks

  Aviat currently carries a Zacks Rank #5 (Strong Sell).

  Some better-ranked stocks in the industry have been discussed below.

  Arista Networks, Inc., carrying a Zacks Rank of 2 (Buy), supplies products to a prestigious set of customers, including Fortune 500 global companies in markets such as cloud titans, enterprises, financials and specialty cloud service providers.

  Arista delivered a trailing four-quarter average earnings surprise of 15.39%. It has a long-term growth expectation of 16.07%.

  Motorola Solutions, Inc.MSI provides services and solutions to government segments and public safety programs, along with large enterprises and wireless infrastructure services. Currently, Motorola holds a Zacks Rank 2.

  It delivered a trailing four-quarter average earnings surprise of 7.54% and has a long-term growth expectation of 9.47%. In the last reported quarter, Motorola delivered an earnings surprise of 11.51%.

  Silicon Motion Technology Corporation, carrying a Zacks Rank of 2, is a pioneer in developing RF integrated circuits for mobile devices and NAND flash controller integrated circuits for USB flash drives and memory cards.

  The company delivered a trailing four-quarter average earnings surprise of 4.72%. It has a long-term growth expectation of 38.16%.

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