New high for RTX

Article Excerpt

RTX CORP. $134 is a buy. The company (New York symbol RTX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.3 billion; Market cap: $174.2 billion; Price-to-sales ratio: 2.3; Dividend yield: 1.9%; TSINetwork Rating: Above Average; www.rtx.com) is a leading maker of commercial aircraft equipment, electronic systems for military aircraft, and guided missiles. The stock has gained 16% since the start of 2025, and it hit a new all-time high of $136.17 on March 26, 2025. That’s largely because the U.S. and its NATO partners in Europe plan to increase military spending. The company is also seeing strong demand from commercial aircraft makers. RTX’s earnings will probably rise 7% in 2025 to $6.14 a share, and the stock trades at a reasonable 21.8 times that forecast. The $2.52 dividend yields 1.9%. RTX is a buy. buy…