Is RTX Corporation (RTX) the Best Defense Stock to Buy in the S&P 500?

RTX Corporation (NYSE:RTX) is among the 10 Best Defense Stocks to Buy successful the S&P 500. On January 14, RTX Corporation (NYSE:RTX) announced that its tiny outer manufacturing subsidiary, Blue Canyon Technologies, had launched a outer to enactment NASA’s Pandora mission.

The Saturn-200 minisatellite volition behaviour studies connected exoplanets’ atmospheres and erstwhile they transit, particularly erstwhile passing by their big stars. This is the 87th spacecraft deployed by Blue Canyon to-date.

In different news, RTX Corporation (NYSE:RTX) and Spain’s Indra Sistemas were chosen by the U.S. authorities earlier this period to supply caller radars, arsenic portion of a $12.5 cardinal Congressional program to overhaul the country’s aging aerial postulation power system.

Based connected the ratings of 14 analysts, the banal is simply a Moderate Buy with a one-year mean stock terms people of $198.92, representing a downside of 1.49% arsenic of January 19.

Recent expert updates see Susquehanna expert Charles Minervino, connected January 15, raising the firm’s terms people connected the banal to $230 from $205, portion maintaining a Positive rating. This followed Citigroup’s accommodation earlier successful the week connected January 13, erstwhile it hiked the terms people to $227 from $211 and kept a Buy rating.

RTX Corporation (NYSE:RTX) is simply a elephantine successful the planetary aerospace and defence industry, providing systems and services to commercial, military, and authorities clients. It operates done 3 main businesses: Collins Aerospace, Pratt & Whitney, and Raytheon.

While we admit the imaginable of RTX arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None.