RTX-N
(A Top Pick May 13/19, Down 34%) They just completed the UTX merger. It's struggling a little, but its defence business will support the dividend. Management has always been highly regarded. The Boeing Max problems don't help. He will hold onto this and remains confident. The stock price reflects current problems, but positive surprises and the good management will deliver satisfactory revenues.
(A Top Pick May 13/19, Down 34%) They just completed the UTX merger. It's struggling a little, but its defence business will support the dividend. Management has always been highly regarded. The Boeing Max problems don't help. He will hold onto this and remains confident. The stock price reflects current problems, but positive surprises and the good management will deliver satisfactory revenues.
Over a 2-5 year time horizon, this will do fine, especially following the acquisition of Raytheon. This will diversify their business into the defense space. With low interest rates and good economic growth, this will be a good long term hold in the industrial space.
Over a 2-5 year time horizon, this will do fine, especially following the acquisition of Raytheon. This will diversify their business into the defense space. With low interest rates and good economic growth, this will be a good long term hold in the industrial space.
UTX merger He owns Raytheon and this deal with UTX is a great combination. Before the merger, UTX will spinoff its elevator division--a taxable event for Canadian. For Canadians to lower this tax hit, buy Raytheon. Recommended. UTX may struggle a bit because of Boeing's 737 Max woes (UTX makes engines), but long-term aerospace looks healthy. There are 26,000 commercial planes now, but by 2030 there need to 35,000, outpacing GDP growth. Combined synergies will make this company powerful.
UTX merger He owns Raytheon and this deal with UTX is a great combination. Before the merger, UTX will spinoff its elevator division--a taxable event for Canadian. For Canadians to lower this tax hit, buy Raytheon. Recommended. UTX may struggle a bit because of Boeing's 737 Max woes (UTX makes engines), but long-term aerospace looks healthy. There are 26,000 commercial planes now, but by 2030 there need to 35,000, outpacing GDP growth. Combined synergies will make this company powerful.
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 11
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 14
Raytheon is a American stock, trading under the symbol RTX-N on the New York Stock Exchange (RTX). It is usually referred to as NYSE:RTX or RTX-N
In the last year, 14 stock analysts published opinions about RTX-N. 11 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Raytheon.
Raytheon was recommended as a Top Pick by Christine Poole on 2020-06-24. Read the latest stock experts ratings for Raytheon.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
14 stock analysts on Stockchase covered Raytheon In the last year. It is a trending stock that is worth watching.
On 2020-07-02, Raytheon (RTX-N) stock closed at a price of $61.79.
