Reasons to Add Textron (TXT) Stock to Your Portfolio Now

Textron Inc. (TXT) , with a strong backlog and rising earnings estimates, offers a great investment opportunity in the Aerospace Defense sector.Let’s focus on the reasons that make this Zacks Rank #2 (Buy) stock a promising investment pick at the moment.Growth Projections & Surprise HistoryThe Zacks Consensus Estimate for TXT’s 2024 earnings per share (EPS) has increased 8.66% to $6.27 per share in the past 60 days. The Zacks Consensus Estimate for Textron’s total revenues for 2024 stands at$14.64 billion, ...