RTX - 3 Things You Need to Know if You Buy RTX Today
2024-05-23 08:00:00 ET
Shares in aerospace and defense company RTX (NYSE: RTX) have had a good year so far, with a 24% increase outpacing the S&P 500 's gain of 11%. Still, can the run continue? Here's what you need to know before you buy the stock.
The new CEO, Chris Calio, has a clear handle on what investors want to hear from RTX in the coming years, and he outlined it in the recent earnings call . Addressing a key point for investors to look for from each of RTX's three segments, he noted:
All three issues are crucial to the company's target of $7.5 billion in free cash flow (FCF) in 2025.
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3 Things You Need to Know if You Buy RTX Today