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RTX Has a $340 Billion Backlog and Trades at 32 Times Earnings. Is It the Best Defense Stock to Buy Right Now?

Source: fool.com

Company FundamentalsInfrastructure & DefenseTransportation & Logistics
RTX Has a $340 Billion Backlog and Trades at 32 Times Earnings. Is It the Best Defense Stock to Buy Right Now?

RTX’s mix of commercial aerospace and defense businesses is described as positioning it well across a range of market conditions. The valuation analysis finds RTX fairly valued versus peers; the article provides no valuation figures or specific market reaction.

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RTX0.20

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