The Boeing Company (NYSE:BA) is one of the best long-term growth stocks to invest in now. Reuters reported on June 30 that The Boeing Company (NYSE:BA) announced that an unplanned IT outage affected some of its computer systems and applications. Air Current stated that, according to people familiar with the issue, the outage “significantly disrupted” the company’s commercial and military production.
Reuters further stated that while The Boeing Company (NYSE:BA) did not comment on the report, it said that it has understood the cause of the outage, and does not have any reason to believe that it was due to a cyberattack. The company added that its IT team was working to bring all the systems back online. Air Current further stated that while The Boeing Company (NYSE:BA) was able to complete some deliveries on the last day of the quarter, its final commercial jet inspections and paperwork largely came to a halt due to the disruption.
The Boeing Company (NYSE:BA) is an aerospace company involved in the manufacture of commercial jetliners and defense, space, and security systems. The company’s operations are divided into the following segments: Commercial Airplanes (BCA), Defense, Space and Security (BDS), and Global Services (BGS).
While we acknowledge the potential of BA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.
Disclosure: None. Follow Insider Monkey on Google News.
