ARLINGTON, Va., Aug. 28, 2024 /PRNewswire/ -- RTX (NYSE: RTX) President and CEO Chris Calio will speak at the Morgan Stanley 12th Annual Laguna Conference on Wednesday, Sept. 11 at 11:45 a.m. Eastern Time. The presentation will be broadcast live at www.rtx.com and will be archived on the website afterward. About RTX With more than 185,000 global employees, RTX pushes the limits of technology and science to redefine how we connect and protect our world. Through industry-leading businesses – Collins Aerospace ...

Both of these defense stalwarts have strong bull arguments right now. As tensions continue to run high in multiple areas around the globe, the goods and services of defense companies will, undoubtedly, remain in high demand. Of the many choices, two common considerations that are often found on the radars of those seeking a defense investment are RTX (RTX 0.67%) and Lockheed Martin (LMT 0.41%). Let's see how two fool.com contributors break down the bull cases for each stock. This aerospace and defense giant ...

The aerospace and defense company continues to return significant amounts of cash to investors. Aerospace and defense giant RTX (RTX 0.42%) has a sustainable dividend and plenty of potential to increase it. The company offers exposure to the cyclical aerospace sector alongside the stability of the defense sector. It's a compelling mix because each side of the business can support the other when it needs cash flow to support investments in long-term growth. RTX's sustainable dividend In a display of confiden ...

APeriamPhotography/iStock Editorial via Getty Images RTX Corporation (NYSE:RTX) recently reported earnings. I have had a strong buy on the name, which has worked out rather well and in this report, I will be discussing the share price development, analyze the most recent earnings, discuss the most recent outlook and update my price target. How Did RTX Stock Perform? Seeking Alpha Last year, the issues with the GTF engines became apparent and resulted in lower stock prices. However, we do note that the stock ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

RTX's legacy defense business was about the only thing that went wrong in Q2 for the company that used to be called Raytheon. RTX (RTX -0.67%), the giant aerospace conglomerate formed by the merger of the Raytheon defense company and United Technologies' airplane business, reported miserable earnings last week. Despite sales growing 8% year over year, RTX suffered a steep 91% collapse in second-quarter earnings, reporting just $0.08 per share. And yet, despite the bad news, RTX stock is up more than 9% sinc ...

Additional missiles to replenish German inventory ANDOVER, Mass., Aug. 6, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $478 million contract from the NATO Support and Procurement Agency (NSPA) to supply additional GEM-T missiles to Germany. This contract supports the replenishment of Patriot missiles donated by Germany to Ukraine. Showing their strong support for Ukraine, Denmark, the Netherlands and Norway have agreed to participate in the financing of this procurement. "Our cu ...

skodonnell Introduction The markets are in turmoil. As reported by Bloomberg, big tech lost roughly $3 trillion in market value in less than a month, as the Nasdaq 100 has declined for four straight weeks. Meanwhile, the VIX has spiked, indicating the highest volatility since 2022. Value Stocks Tumble Again Cheaper companies are back to underperforming growth counterparts Russell 1000 Value Index - Russell 1000 Growth Index Feb Jun Jul Sep Oct Nov Dec Jan Mar Apr Aug Apr 2023 2024 Bloo Source: Bloomberg Blo ...

Colin Anderson Productions pty ltd We previously covered RTX Corporation (NYSE:NYSE:RTX) in May 2024, discussing its robust prospects across commercial and defense aerospace markets, with the growing backlog offering great insights into its long-term top/ bottom lines, further aided by the management's cost reduction initiatives. Combined with the underway powdered metal remediation and peak Aircraft On Ground [AOG] by FQ1'24 with things to moderate through 2026, we had maintained our Buy rating then. Since ...

The commercial aerospace and defense giant just raised its full-year guidance, and its backlog stands at a new record. It's been a great year for commercial aerospace and defense company RTX (RTX -0.64%). The company has dispelled the worst fears over the geared turbo fan (GTF) engine inspection issue, and management recently raised its full-year revenue and earnings guidance. That said, is the stock still a good value? Here's what you need to know before buying RTX stock. RTX stock: The headline numbers Be ...