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The Rally in Lockheed Martin and RTX Can Continue: Here's Why
RTXRaytheon Technologies(RTX) MarketBeat·2024-10-24 12:38

Shares of Lockheed Martin NYSE: LMT and RTX NYSE: RTX are up by 40% and 80% since early 2024 and can continue to set new highs this year and next. Their businesses are thriving because of increased global demand, and they sustain growth, robust cash flow, and ample capital returns, which are primary drivers of share price action. The capital returns include dividends and share-reducing buybacks, and the capacity to return capital to shareholders grows yearly, helping sustain a robust uptrend in their stock ...