Stocks & Investing
Stocks and Investing
Stocks and Investing
Tue, December 3, 2024 
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Here's Why RTX (RTX) is a Strong Growth Stock
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The article from MSN Money discusses why RTX Corporation (formerly Raytheon Technologies) is considered a strong growth stock. RTX has shown robust growth in its earnings per share (EPS), with a historical EPS growth rate of 10.7% and a projected growth of 10.2% for the current year, which is significantly higher than the industry average. The company's cash flow has also increased by 26.2% year-over-year, outperforming the industry's average growth. Additionally, RTX has a positive Zacks Growth Style Score of B and a Zacks Rank #2 (Buy), indicating strong growth prospects. The article highlights that these factors, combined with RTX's strategic positioning in the aerospace and defense sectors, make it an attractive option for investors looking for growth stocks. However, it also notes that while growth is a key metric, other aspects like value, momentum, and stability should also be considered for a well-rounded investment strategy.
Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/topstocks/here-s-why-rtx-rtx-is-a-strong-growth-stock/ar-AA1vcpod ]
Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/topstocks/here-s-why-rtx-rtx-is-a-strong-growth-stock/ar-AA1vcpod ]
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