10 Stocks on Jim Cramer’s Radar These Days

2. Rtx Corp (NYSE:RTX)

Number of Hedge Funds Investors: 73

A caller recently asked Jim Cramer about Rtx Corp (NYSE:RTX) during a program on CNBC. Cramer urged the investor to keep holding the stock.

“You were buying it, right? Keep it. It’s a fantastic stock. I wish I owned it for my charitable trust.”

Longleaf Partners Fund stated the following regarding RTX Corporation (NYSE:RTX) in its Q4 2024 investor letter:

“RTX Corporation (NYSE:RTX) – Aerospace and defense company RTX was a top contributor for the year. Our appraisal value has grown nicely since we first purchased the company just over a year ago. While the issues for Pratt & Whitney’s (P&W) Geared Turbofan engine are still not yet fully fixed, they have gotten better and given us another reminder that the point of maximum pessimism is only obvious in retrospect. We continue to have a conservative valuation on P&W so view this as a source of future value upside. The Raytheon segment has also performed better as the year has gone on, with recent signs of margin improvement. Strong industry tailwinds, prudent capital allocation and a solid balance sheet provide a foundation for sustained growth and eventual full value recognition.”