Why RTX Stock Is Gaining Altitude Today

A Wall Street analyst believes aerospace and defense giant RTX (RTX 1.91%) is due for a rebound as the company addresses its engine issues. Investors are taking notice, sending RTX share up by as much as 2.7% on Thursday morning.Headwinds are fading2023 was a tough year for RTX, the aerospace and defense company formerly known as Raytheon Technologies. The company's Pratt & Whitney unit was hit by the discovery of a manufacturing issue with its workhorse PW1100G-JM turbofan engine. The problem, caused by im ...