. In this article I use AAII’s A+ Investor Stock Grades to provide insight into three defense stocks continuing to benefit from increased defense spending. The ongoing conflict in Ukraine led to the 3...
Tag: Raytheon
Raytheon CEO Bought Up This Energy Stock
After a strong 2022, Phillips 66 stock recently slipped, and one director scooped up shares of the diversified-energy firm on the open market. Phillips 66 stock (ticker: PSX) surged 44% in 2022—a stro...
Raytheon sales fall slightly short of estimates as it announces to realign into three business segments
Raytheon Technologies Corp. RTX, -0.54% said Tuesday it had net income of $1.422 billion, or 96 cents a share, in the fourth quarter, more than double the $686 million, or 46 cents a share, posted in ...
Cowen analyst names Raytheon stock his ‘best idea’ for 2023
Raytheon Technologies Corp (NYSE: RTX) has recovered about 15% over the past two months but a Cowen analyst is convinced it’s not yet done pleasing its shareholders. Raytheon stock should be worth $12...
Raytheon Stock Named a ‘Best Idea’ for 2023
As the calendar turns to December, investors are thinking about stocks for 2023. Brokerage firm Cowen likes Raytheon Technologies shares for the new year, calling it a “best idea” and a top aerospace ...
Raytheon secures $1 billion US defense contract beating Lockheed Martin and Boeing
Raytheon Technologies (NYSE: RTX) was awarded a US Department of Defense contract worth $985 million on September 22. More notably, Raytheon beat out Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) ...
Raytheon maintains a decline on a descending triangle – What next?
Raytheon Technologies Corporation (NYSE:RTX) has been a defensive stock this year. The stock is up 3.76% year-to-date. The returns were higher when the stock traded at $105 in April, compared to the c...
Defense Stocks: Raytheon Misses Rev. On Missile Sales, Expected FY EPS Miss
Defense stocks report second-quarter results this week and Raytheon (RTX) kicked things off premarket Tuesday by extending its impressive streak of earnings surprises. But RTX stock fell roughly 4.5% ...
COO Chris Calio Says Raytheon Technologies Is Proving The Value Of The Merger
When the leaders of Raytheon and United TechnologiesUTX first disclosed their plan to merge in June of 2019, they set forth a vision of an aerospace and defense enterprise with unprecedented market pr...
Raytheon Stock Joins Elite Club As Prospects Brighten
On Wednesday, Raytheon Technologies (RTX) hit an important technical milestone, with its Relative Strength (RS) Rating climbing into the 90-plus percentile with an improvement to 91, a rise from 86 th...
Defense Stocks: Raytheon Technologies, General Dynamics, Northrop Grumman, L3 Harris Technologies Test Key Level Ahead Of Big Earnings Week As Military Spending Hits A Milestone
Raytheon Technologies (RTX) and several defense companies are gearing up for a big earnings week after military spending hit a milestone. Raytheon stock and defense stocks fell amid a broad sell-off M...
Pfizer Stock, Raytheon Lead 5 Stocks Near Buy Points
Pfizer stock and Raytheon (RTX) lead this weekend’s watch list of five stocks near buy points. As Russia’s invasion of Ukraine and rising interest rates are making a tough period for inves...
Raytheon Technologies may be overbought at above $100. Look to buy on a retracement
Raytheon Technologies Corporation (NYSE:RTX) topped $100 on the last days of February after a strong bullish push. The stock is trading slightly below the top of $104 at $101.50, with the level at $10...
Buy Raytheon Technologies now as bullish confluence emerge
Raytheon Technologies Corporation (NYSE:RTX) will be among the few companies set to gain from the crisis in Ukraine. As a military manufacturer, Raytheon will record growth in demand from countries se...
Lockheed Martin, Northrop Up 20%
Topline Shares of major U.S. aerospace and defense companies, which have jumped since Russia launched its invasion of Ukraine last week, should continue to surge higher as global defense spending budg...
Raytheon, Block, Tesla, Foot Locker and more
The Raytheon stand is seen at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 21, 2019. Pascal Rossignol | Reuters Check out the companies making headlines in midda...
Taking a Fresh Look at Raytheon Technologies
We reviewed the charts of Raytheon Technologies (RTX) on January 6, writing that “RTX may trade sideways for a few more days but I suspect we will eventually push higher. Traders could go long R...
Raytheon stock drops after profit beats but revenue misses expectations, and full-year outlook disappoints
Shares of Raytheon Technologies Corp. RTX, +1.04% dropped 4.1% in premarket trading Tuesday, after the aerospace and defense company reported fourth-quarter profit that beat expectations but revenue t...
Raytheon Stock Falls as Fourth-Quarter Revenue and Outlook Miss Forecasts
Text size Kyle Grillot/Bloomberg Shares of Raytheon fell 3.5% in premarket trading Tuesday after the aerospace and defense company reported fourth-quarter profit that topped Wall Street forecasts, but...