RTX Upside On Earnings and Backlog

5 days ago

Billy Lip Schultz

"Yeah, exactly. And we're also going to keep an eye on a stock of RTX trades under the ticker RTX, formerly known as Rathon, right now up 9.7% on pace to close at its own all-time high. The company is talking about their strength for earnings and a robust backlog as management called it. Revenues are better than analysts were expecting with notable upside for their jet engine division according to Vertical."

The discussion on RTX highlights its 9.7% gain and record close potential, underpinned by strong earnings performance, a robust backlog, and impressive revenue figures particularly driven by its jet engine division. This positions RTX as a noteworthy defensive play in the current market environment.

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