Satisfying customers is a vital part of almost any business; without satisfied customers, there is no cash flow, after all. But tech stock Microsoft (NASDAQ:MSFT) is discovering that sometimes it takes more than that to bump up share prices. The latest reports suggest that the United States military is pretty happy with Microsoft’s latest move, but investors aren’t over the moon, as Microsoft is down fractionally in Thursday morning’s trading.
The biggest change Microsoft made that got the military happy was in its breed of helmeted combat goggles. The original version was actually making soldiers sick, as several of them suffered dizziness and nausea while using the goggles. However, it seems the solution was a fairly simple one: converting the combat goggles to a flip-up visor display. Should the developments continue to prove worthwhile, Microsoft is in line to land a $22 billion contract with the military that will run over the next 10 years.
Is it Worth Buying Microsoft Stocks Now?
Microsoft may be a bit down today, but analysts are still very much on board. With 30 Buy ratings and four Hold, Microsoft stock is considered a Strong Buy by analyst consensus. Further, with an average price target of $397.19, Microsoft stock offers investors a 25.44% upside potential.
