#3 - RTX (NYSE:RTX)
RTX (NYSE: RTX) is the combination of the Raytheon Technologies Corporation, Collins Aerospace and Pratt & Whitney. The company claims that approximately 50% of the world is protected by RTX products.
The company continues to post year-over-year (YoY) gains in revenue and earnings, and with a substantial backlog of projects, this pattern is likely to continue well into the future. That will allow investors to focus on other fundamentals like the company's $9 billion free cash flow expected in 2025.
RTX stock is up 51% in the last three years but is still well below its all-time close of $150.20 in late 2019. This gives investors a long runway for future growth and includes a modest dividend that currently has a 2.87% yield.
About RTX
RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.
Read More - Current Price
- $116.48
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 7 Buy Ratings, 7 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $177.93 (52.8% Upside)
