Alexyz3d Introduction It’s time to do one of my favorite things: Discuss L3Harris Technologies, Inc. (NYSE:LHX). It’s one of the four defense giants in my portfolio, which together hold roughly a fifth of my net worth. On top of that, I have given this high-conviction investment a Strong Buy rating as I believe it offers…
NurPhoto/NurPhoto via Getty Images Introduction On December 20, I wrote an article titled “14% Annual Return Potential: L3Harris Is My Favorite Dividend Stock Going Into 2024.” In that article, I took an extremely detailed look at the well-diversified defense contractor L3Harris Technologies (NYSE:LHX), which has become one of the most important pillars of NATO defense…
gorodenkoff Key Highlights Strategic Refocus towards Core Assets has created a resilient and profitable Portfolio in Key Defense Growth Areas Since the L3 and Harris merger in 2019, L3Harris Technologies, Inc. (NYSE:LHX) has divested c.$2.9bn in non-core assets, latest of which the (pending) $800MM sale of its commercial aviation solutions business announced in November. Simultaneously,…
Egorych/E+ via Getty Images L3Harris Technologies (NYSE:LHX) is well-positioned to benefit from increased global defense spending amid geopolitical tensions, shows strong growth in its Space and Airborne Systems segment, is reducing debt and targeting significant organic growth and free cash flow, and is undervalued compared to peers, offering an attractive investment opportunity. A recent investor…
gorodenkoff Late in 2022, I called shares of L3Harris Technologies (NYSE:LHX) aggressive in defense. The company is rapidly turning itself into a major US defense contractor, as it has been very active in dealmaking, delivering on handsome returns for investors along the way. 2023 has been dominated by a big deal for Aerojet Rocketdyne, a…