Higher military spending lifts RTX

RAYTHEON TECHNOLOGIES CORP. $99 is a buy. The company (New York symbol RTX; Conservative Growth Portfolio; Manufacturing & Industry sector; Shares outstanding: 1.5 billion; Market cap: $148.5 billion; Dividend yield: 2.2%; Price-to-sales ratio: 2.3; TSINetwork Rating: Above Average; www.rtx.com) took its current form on April 3, 2020, with the merger… Read More

This merger continues to pay off for investors

In April 2020, our long-time favourite United Technologies merged with rival Raytheon. The deal cut the company’s exposure to cyclical commercial airline customers, and freed up more cash for dividends and share buybacks.
RAYTHEON TECHNOLOGIES CORP. $99 is a buy. The company (New York symbol RTX; Conservative-Growth Payer… Read More

High-quality firms make better spinoffs

Some spinoffs pay off almost immediately. High-quality firm Carrier is an example and is now up 235% since it was spun off less than two years ago. However, other spinoffs, like Vector Group and its recent Douglas Elliman spinoff, carry much more risk. Those two… Read More