RTX Corporation: A Buy For 2024, Valuation Leaves Enough Margin For Safety

ginga71 Introduction The aerospace and defense sector offers an exciting mix of commercial and military uses. The industry is critical to the national security of the U.S. and its allies and thus tends to be stable. As geopolitical tensions rise in Europe and the Middle East, countries prioritize defense spending, and these companies can capitalize on it, together with the resurgence of international travel following the pandemic. RTX Corporation (NYSE:RTX) is a leading company in the sector. Its diversifie ...