RTX - RTX Corp Stock Is Down 31%: This Competitor Is a Better Buy-on-the-Dip Stock
2023-09-30 06:02:00 ET
RTX Corp (NYSE: RTX) hasn't delivered great results in recent years, with new problems to deal with after a big merger. In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down what's gone wrong and explain why investors would do well to consider buying its best-of-breed competitor, Lockheed Martin (NYSE: LMT) , instead. With shares down 18%, it's trading at a fair price, but it has been the better business of late.
*Stock prices used were from the afternoon of Sept. 27, 2023. The video was published on Sept. 30, 2023.
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RTX Corp Stock Is Down 31%: This Competitor Is a Better Buy-on-the-Dip Stock