MSFT Stock Investors Will Fly High on Boeing Partnership With Microsoft

MSFT stock - MSFT Stock Investors Will Fly High on Boeing Partnership With Microsoft

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Microsoft (NASDAQ:MSFT) is famous for developing Office, Teams, Skype and other software products. Let’s not forget, though, that Microsoft is also a leader in cloud computing as well as artificial intelligence (AI). A recently expanded partnership will demonstrate this point, and should give MSFT stock a boost.

Microsoft recently revealed that it’s deepening its partnership with aerospace and defense company Boeing (NYSE:BA). Together, the two companies will work to accelerate Boeing’s digital transformation.

According to the press release, Microsoft Cloud and the company’s AI capabilities will help Boeing update its technology infrastructure and mission-critical applications. Clearly, these tech upgrades should help Boeing maintain its competitive edge.

Susan Doniz, Boeing’s chief information officer and senior vice president of Information Technology & Data Analytics, stated that the Microsoft collaboration will assist Boeing in realizing its cloud strategy by “removing infrastructure restraints.”

Judson Althoff, EVP and chief commercial officer at Microsoft, suggested broader implications of the expanded partnership. He asserted that it will “benefit the global aviation industry.” That’s an ambitious assessment, but not without merit.

What’s in it for Microsoft, though? It’s not stated explicitly in the press release, but the expanded Boeing partnership should probably prove to be lucrative for Microsoft.

After all, Boeing is a company with vast capital reserves and a terrific partner/client to have. Furthermore, Microsoft will get to expand powerfully into the AI-enhanced, digital aviation technology market.

Perhaps you feel that this niche market is likely to grow exponentially over the coming years. If so, then buying MSFT stock makes perfect sense now.

Besides, this is a great time to invest in Microsoft as the share price has drifted over the past 12 months. You wouldn’t be buying the stock right after a massive rally, so there’s plenty of upside potential there.

All in all, MSFT stock is the kind of stock that you can buy with confidence pretty much anytime. Yet, it’s even harder to resist now that Microsoft with working with Boeing to advance the science of aviation tech.

On the date of publication, David Moadel did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

David Moadel has provided compelling content – and crossed the occasional line – on behalf of Motley Fool, Crush the Street, Market Realist, TalkMarkets, TipRanks, Benzinga, and (of course) InvestorPlace.com. He also serves as the chief analyst and market researcher for Portfolio Wealth Global and hosts the popular financial YouTube channel Looking at the Markets.


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