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Why RTX stock is up strongly in 2024. There are two reasons why the stock has performed well this year: Management has raised its headline full-year guidance through the year.
The commercial aerospace and defense giant just raised its full-year guidance, and its backlog stands at a new record.
RTX is a more attractive stock post-earnings, but valuations still matter, and trading at slightly more than 20 times its estimated 2025 earnings, RTX doesn't look like a great value.
Raytheon Technologies (NYSE:RTX) has had a rough month with its share price down 12%. To decide if this trend could...
RTX Corporation, formerly Raytheon Technologies Corporation, [3] [4] is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia. It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization, as well as one of the largest providers of intelligence services.
Raytheon Technologies (RTX) closed the most recent trading day at $97.52, moving -0.24% from the previous trading session. Raytheon Technologies (RTX) Stock Sinks As Market Gains: What You Should Know
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Raytheon Technologies (RTX) closed at $57.46 in the latest trading session, marking a -0.14% move from the prior day.
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related to: why is rtx stock falling history