RTX continues to outperform the wider market, thanks to the powder metal meltdown which occurred a year ago, significantly aided by the still robust performance metrics. The management's assumptions surrounding the powder metal issue and peak Aircraft On Ground [AOG] have also worked out as expected, attributed to the favorable support agreements. RTX continues to report double beat FQ2'24 earnings call while raising their FY2024 guidance, thanks to the robust commercial/ defense spending.

Defense stocks soared in July, with many gaining double-digit figures ranging from 10% to 18%. Good results drive the moves, and the demand trends suggest that business will stay good.

The company is gradually putting the GTF inspection issue behind it. The commercial original equipment and aftermarkets continue to grow strongly.

Due to milestones like NASA's Artemis 2 Moon orbit in late 2024, space stocks remain popular. Astronauts are already preparing for this voyage toward a permanent Moon presence.

RTX (RTX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

As of July 31, 2024, three stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

With the rise of global tensions amid broader instability in the Middle East, which threatens to escalate further, investors are looking at the defensive sector and its stocks, as they are one of the rare industries set to benefit from conflict.

Although a controversial sector, the concept of top defense stocks will likely become an increasingly important one. Primarily, circumstances in the geopolitical realm will likely worsen.

Dividend stocks are a must-own component for any investor looking to establish serious wealth. We all know the statistic that the S&P 500 has returned 10.5% annually on average since its creation in 1957.

It's been a rough month for manufacturing stocks. The reading on manufacturing activity is one of the most closely watched economic reports.

Leading aerospace and defense contractor RTX Co. (NYSE: RTX) shares surged to new 52-week highs after reporting robust Q2 2024 earnings. Raytheon officially changed its name to RTX Corporation on July 17, 2023, to broaden its identity as more than a defense contractor but also a booming aerospace company.

RTX Corp stock (NYSE: RTX), formerly known as Raytheon Technologies, has seen a rise of 9% in a week, faring better than its peer — General Electric stock – up 3%. The rise in RTX stock in recent days can be attributed to the company's upbeat Q2 results and its upward revision to the full-year outlook.