Jim Cramer’s February Portfolio: Top 10 Stocks

2. Rtx Corp (NYSE:RTX)

Number of Hedge Fund Investors: 72

In his latest program, Jim Cramer praised the quarterly results of defense giant Rtx Corp (NYSE:RTX) and mentioned the company’s growth catalysts in the Middle East.

“What a pleasure it is to just have a purely good quarter. 11% organic sales growth, 15% commercial aftermarket, 10% commercial operating, and then 10% defense. They’re making money in defense, cybersecurity.. It is true that they do a huge amount of business in the Middle East—a monster. And when Israel has to replenish, when the European continent wants to protect itself against Russia, you have to be thinking that that’s their orders too.”

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.”