When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
RTX - Raytheon Technologies: Healthy Fundamentals But Fully Valued
Raytheon Technologies Corporation
Raytheon Technologies delivered strong Q1 2022 results amid a supplies shortage, travel recovery, and Russian sanctions.
These uncertainties are expected to persist, and the company has lowered its sales guidance to $67.75 - $68.75 billion and its organic growth rate by 1%.
The stock now trades at full valuation compared to its own history and at a sizable premium compared to its peers.
Considering the risk and the lack of meaningful margin of safety, my final verdict is a holding rating.