Raytheon has a bright outlook

Commercial air traffic volumes have now rebounded to 80% of their pre-pandemic levels. That continues to spur demand for Raytheon’s aerospace products. The company’s military businesses also benefit as the U.S. and other NATO countries seek to replenish the stockpile of missiles and other weapons… Read More

This pure-play stock is a solid pick

Investors tend to prefer “pure-play” firms as easier to analyze than companies with many businesses. A good example is the April 2020 merger our long-time favourite United Technologies with rival Raytheon to form Raytheon Technologies. It also spun off its building equipment businesses, which let… Read More

Earnings are up 25.8% as Raytheon Technologies Corp helps defend Ukraine

Earnings are up 25.8% as Raytheon Technologies Corp helps defend Ukraine

Improved sales of equipment led to a 3% jump in revenue for this company during the most-recent quarter.

Meanwhile, a recent merger has offset about $1.1 billion in annual costs.

The stock trades at 20.2 times the company’s 2022 earnings forecast.

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RAYTHEON TECHNOLOGIES CORP. (New York symbol RTX;… Read More