We came across a bullish thesis on RTX Corporation (NYSE:RTX) on Substack by Stock Picker's Corner. In this article, we will summarize the bulls’ thesis on RTX. RTX Corporation (NYSE:RTX)'s share was trading at $115.87 as of Jan 3rd. RTX’s trailing and forward P/E were 33.39 and 19.30 respectively according to Yahoo Finance.
RTX Corp., formerly Raytheon, is emerging as a key beneficiary in the escalating U.S.-China tensions, particularly within defense technology. As global security risks evolve, including the rise of drones and hypersonic weapons, RTX’s advanced defense systems...
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