Aerospace and defense icon Boeing (NYSE:BA) is known for building planes and missiles. Yet, in reality Boeing is a highly diversified manufacturing company with a broad array of product lines, a fact that’s underappreciated by some BA stock traders.
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Another feature that not everyone appreciates is just how cheap BA stock really is. The share price was hit hard by the onset of the novel coronavirus and still hasn’t recovered. This means that it’s not too late to get in at a good price.
While the trading community is distracted by the latest initial public offering (IPO) or special purpose acquisition company (SPAC), you have a prime opportunity to invest in a legacy manufacturer with pedigree and staying power.
So, let’s conduct a technical breakdown to see how beaten-down BA stock really
Accenture (NYSE: ACN) has agreed to acquire Myrtle Consulting Group (“Myrtle”), an industrial operations consulting firm headquartered in Houston. Myrtle partners with leading companies across consumer products, life sciences, chemicals, mining and other heavy manufacturing industries to produce and distribute goods in a safer, more efficient and sustainable way.
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Accenture has agreed to acquire industrial operations consulting firm Myrtle Consulting Group (Photo: Business Wire)
The acquisition will expand Accenture’s manufacturing and supply chain capabilities. Specifically, it will strengthen Accenture’s ability to transform these areas for clients from initial value assessments and operating model strategies to new business processes and technology solutions. Myrtle’s team will join Accenture Industry X, which helps clients improve how they operate factories and plants.
Nigel Stacey, global lead of Accenture Industry X, said: “Cost, quality and safety remain a constant and rising challenge for manufacturing
