This pure-play stock is a solid pick

Investors tend to prefer “pure-play” firms as easier to analyze than companies with many businesses. A good example is the April 2020 merger our long-time favourite United Technologies with rival Raytheon to form Raytheon Technologies. It also spun off its building equipment businesses, which let… Read More

Earnings are up 25.8% as Raytheon Technologies Corp helps defend Ukraine

Earnings are up 25.8% as Raytheon Technologies Corp helps defend Ukraine

Improved sales of equipment led to a 3% jump in revenue for this company during the most-recent quarter.

Meanwhile, a recent merger has offset about $1.1 billion in annual costs.

The stock trades at 20.2 times the company’s 2022 earnings forecast.

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RAYTHEON TECHNOLOGIES CORP. (New York symbol RTX;… Read More

Higher military spending lifts RTX

RAYTHEON TECHNOLOGIES CORP. $99 is a buy. The company (New York symbol RTX; Conservative Growth Portfolio; Manufacturing & Industry sector; Shares outstanding: 1.5 billion; Market cap: $148.5 billion; Dividend yield: 2.2%; Price-to-sales ratio: 2.3; TSINetwork Rating: Above Average; www.rtx.com) took its current form on April 3, 2020, with the merger… Read More

This merger continues to pay off for investors

In April 2020, our long-time favourite United Technologies merged with rival Raytheon. The deal cut the company’s exposure to cyclical commercial airline customers, and freed up more cash for dividends and share buybacks.
RAYTHEON TECHNOLOGIES CORP. $99 is a buy. The company (New York symbol RTX; Conservative-Growth Payer… Read More

High-quality firms make better spinoffs

Some spinoffs pay off almost immediately. High-quality firm Carrier is an example and is now up 235% since it was spun off less than two years ago. However, other spinoffs, like Vector Group and its recent Douglas Elliman spinoff, carry much more risk. Those two… Read More