RTX Corporation (NYSE:RTX) is one of the stocks that Jim Cramer recently highlighted. Cramer discussed the reason for the stock's rally, as he said:
“Today's best quarter came from RTX. Yes, the old Raytheon United Technologies, defense contractor and manufacturer of commercial aircraft engines, which puts up staggering numbers. Why? RTX makes the complex military systems needed to defend our country and the countries of NATO.”
Photo by Joshua Mayo on Unsplash
RTX Corporation (NYSE:RTX) makes aerospace and defense systems for commercial, military and government customers. The company builds aircraft engines, avionics and defense technologies and also provides maintenance, training and support services.
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Disclosure: None. This article was originally published on Insider monkey.
