RTX had its Relative Strength (RS) Rating upgraded from 78 to 81 Friday.
This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best stocks typically have an RS Rating of above 80 as they begin their biggest climbs.
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RTX is working on a flat base with a 128.70 buy point. See if the stock can clear the breakout price in heavy trade.
Top and bottom line growth moved higher last quarter. Earnings were up 16%, compared to 9% in the prior report. Revenue increased from 8% to 49%.
The company earns the No. 18 rank among its peers in the Aerospace/Defense industry group. Howmet Aerospace, M-tron Industries and Embraer ADR are among the top 5 highly rated stocks within the group.
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