Should You Ignore RTX and Buy This Magnificent Aerospace Stock Instead?
Raytheon Technologies(RTX) The Motley Fool·2024-10-10 08:19
This advanced materials stock's best days lie ahead of it, and now is a good time to buy it on weakness. RTX (RTX 0.36%) is a fine and worthy stock that offers investors a balanced exposure to commercial aerospace and defense industries. That said, the stock has had a great run (up 47.5%) as the company has derisked itself after the discovery of manufacturing problems with the geared turbofan (GTF) engines that its Pratt & Whitney unit makes for the Airbus A320neo. It has been making good progress on removi ...