
Microsoft (MSFT) Stock Advances on GE Deal
NEW YORK (TheStreet) -- Shares of Microsoft (MSFT) - Get Report are gaining 0.69% to $52.66 in early-morning trading on Monday after announcing that GE's Predix industrial operating system will be available on Microsoft's Azure cloud.
GE's Predix platform is already available on Amazon.com's (AMZN) and Oracle's (ORCL) clouds, and there's nothing in the Microsoft deal to entice customers away from the other companies' clouds, CNBC.com reports.
But Microsoft hopes that GE's Predix will persuade its loyal industrial customers to adopt Azure. The technology giant will integrate Predix with its business applications such as Office 365, Dynamics 365 and Power BI, according to a company statement.
Separately, TheStreet Ratings team rates the stock as a "buy" with a ratings score of B+.
Microsoft's strengths such as its reasonable valuation levels, good cash flow from operations, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel its strengths outweigh the fact that the company has had sub par growth in net income.
You can view the full analysis from the report here: MSFT
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.










