petesphotography/iStock Unreleased via Getty Images About six months ago, Raytheon Technologies (NYSE:RTX) was in Wall Street’s proverbial doghouse because of an engine issue requiring major fixes, major financial hits, and a major inconvenience to its customers. At the time, I pointed out that finding out about the issue this way, instead of in a tragic…
J. Michael Jones/iStock Editorial via Getty Images Investment Thesis RTX Corporation (NYSE:RTX), formerly Raytheon Technologies, is an American defense contractor and aviation equipment manufacturer with a dominant footprint in both military and civilian sectors. In the defense sector, the United States and its NATO allies are ramping up their military spending in response to geopolitical…
AlexSecret We previously covered RTX Corporation (NYSE:RTX) in September 2023, discussing its mixed prospects, thanks to the additional $3B pre-tax impact from the Pratt & Whitney powder metal issue prior to the FQ3’23 earnings call. With the stock plunging then, we had recommended an entry point of $70s for an improved margin of safety and…
Michael Fitzsimmons Buying above-average stocks at below-average prices is a good recipe for long-term success in the stock market. With the S&P 500 (SPY) hitting its all-time highs in recent days, that may seem hard to accomplish. However, it’s important to keep in mind that the Santa Claus rally that has continued leading up to…
Lemon_tm Written by Nick Ackerman. RTX Corp. (NYSE:RTX) has been struggling this year, with shares off over 20% in 2023. They’ve been hit by engine recalls in their Pratt & Whitney division that will be a free cash flow headwind for the next couple of years. However, for patient investors who have a longer-term outlook,…
baranozdemir [Note: All RTX-stated projections are from Investor Day June 2023] Company Overview RTX Corporation (NYSE:RTX), formerly known as Raytheon Technologies is an Arlington, Virginia-headquartered Aerospace & Defense company formed in 2020 through the merger of United Technologies and Raytheon employing more than 180,000 people as of 2022. The company operates as an industrial conglomerate…
guvendemir Overview of Q3 Earnings RTX Corporation (NYSE:RTX), previously known as Raytheon, is one of the largest stocks in the defense sector, with multiple business segments that supply missiles, aircraft radar systems, and other defense-systems primarily to the federal government. RTX also services all these systems, which affords them steady and predictable baseline cash flows….
Aksana Kavaleuskaya/iStock via Getty Images Graham and “Defensive Stocks” RTX Corporation (NYSE:RTX), formerly known as Raytheon Technologies, recently has received much attention since the Middle East conflict broke out. Several other Seeking Alpha authors have argued eloquently about the role RTX can play under heightened geological tensions and increased defense spending. The thesis here is…
VanderWolf-Images/iStock Editorial via Getty Images There are two basic stages in selecting a value stock: Use a number of criteria helpful in defining a stock selling below its fair value. Go back over the numbers and the broad argument attempting to poke holes in your thesis until you are confident the stock is not a…
krblokhin RTX Corporation (NYSE:RTX) buyers have held the $80 support level since RTX crashed after its second-quarter or FQ2 earnings release in late July. I updated investors in a pre-earnings article suggesting that RTX had been consolidating constructively since June 2023. However, the surprising announcement by management on reducing its free cash flow or FCF…