RTX (RTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The world's best hedge funds and investors tend to look at more abstract data than the average retail investor does. Now, some of this data might not be accessible, such as satellite feeds to figure out parking lot traffic and predict a financial quarter for a retail stock.
RTX, with its recent contract win, is set to build a Block II version of AIM-9X Sidewinder missiles for the U.S. Navy.
RTX (RTX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
RTX (RTX) concluded the recent trading session at $123.93, signifying a +0.81% move from its prior day's close.
RTX's unit Raytheon has recently received a three-year contract from DARPA to create UWBGS.
This advanced materials stock's best days lie ahead of it, and now is a good time to buy it on weakness.
One Wall Street analyst's price target implies the stock is fairly valued.
Investors interested in RTX should wait for a better entry point, considering its premium valuation. Those who own this stock may continue to do so.
RTX (RTX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
RTX is set to provide depot, intermediate level repair and maintenance for Standard Missile.
In the latest trading session, RTX (RTX) closed at $124.91, marking a +1% move from the previous day.