It's a way to play the airline recovery, because they service planes, while we see a ramp-up in travel in pre-pandemic levels. Their defence business specializes in missile defence and cyberecutiry which are gaining traction because of the Russian war. There is more defence spending. This trades at a reasonable PE and pays a 2.4% yield. (Analysts’ price target is $113.61)
Wait for a lower price? Don't wait for a lower price. Once the US Fed gets late in its cycle for tightening, then the opportunity will be gone. The upside far outweighs the temporary weakness. Likes RTX for blending defence (a stable business) and commercial aerospace (about 60%+ of all revenues).
As a short term trader, maybe, but this trade is already in the market. Global spending on defence will be going up so you could buy the dips. Start looking at it 10% lower.
Has owned this for a long time. It's run up because half their business is defence (the other is aerospace which has growth opportunities as air tavel rises). Buy around low-$90s as an entry point.
Moving in now might be too late. 19x forward earnings, for 13% growth, which is not too bad. Don't buy it just because of what's happening in the world today, because those reasons might soon go away.
Russia fomenting a war with Ukraine will likely see oil prices explode higher, based on historic precedent. Industries and stocks that will rise if a war happens (and nobody wants one outside Russia) are oil, consumer staples, drug companies like Procter & Gamble or JNJ. Also defence stocks like Raytheon which reports tomorrow or Lockheed are buys.
Their time is coming. Produce lots of cash. Carried by defense side, but commercial side is about to take the lead. Yield is 2.27%. (Analysts’ price target is $103.47)
It's half commercial aerospace, half defence. Defence has done well, but aerospace depends on international air travel, which has been slow to recover. Omicron can delay it further. She's still buying RTX. It generates a lot of cash flow and pays an attractive yield.
Security defense, cybersecurity, missiles. Aerospace division has suffered with the pandemic. Well managed. Commercial aviation has recovered. Defense will never go away. Sales will soar as inventories wind down. An easy double 5 years from now. (Analysts’ price target is $102.69)
(A Top Pick Nov 04/21, Down 6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with RTX has triggered its stop at $83. To remain disciplined, we recommend covering the position at this time. Combined with our previous buy recommendation, this will result in a net investment gain of 12%. We will look for better opportunities.
Raytheon is a American stock, trading under the symbol RTX (previously RTX-N on Stockchase) on the New York Stock Exchange (RTX). It is usually referred to as NYSE:RTX or RTX