Top 5 Sin Stocks to Buy Now

2. Raytheon Technologies Corporation (NYSE:RTX)

Raytheon Technologies Corporation (NYSE:RTX) was one of the Top 10 Stocks New Mets Owner Steve Cohen Was Buying in Q3, though numerous other hedge funds were selling off RTX during the quarter. 55 funds were long RTX shares at the end of September, down from 81 at the beginning of 2020. Those shares have slumped by 28% in 2020.

Unlike rival Lockheed Martin Corp (NYSE:LMT), Raytheon has much less exposure to military sales, which were about the company’s only bright spot during a dismal Q3 in which revenue from its Collins Aerospace and Pratt Whitney segments tumbled by 34%. Things were bleak enough that Raytheon was forced to slash 15,000 jobs earlier this year. 2021 will undoubtedly be a better year for the company however, with analysts projecting $5.5 billion in free cash flow.