After A 17% Fall In 2023 Will RTX Outperform Textron Stock?

From Nasdaq:

Although both RTX Corp and Textron stocks have seen gains in the past three years, there is a significant difference in their performance. A comparison of the two companies shows that RTX has better revenue growth, while Textron is more profitable and has a better financial position. Based on this analysis, RTX is expected to offer better returns in the next three years, with an expected return of 18% compared to -8% for Textron. The comparison also shows that RTX is trading at a higher valuation multiple of 1.8x revenues, compared to 1.1x for Textron. While RTX is expected to outperform Textron, it’s important to consider how Textron’s peers fare on similar metrics. The Covid-19 crisis has resulted in pricing discontinuities that offer attractive trading opportunities, making it essential to examine stock valuations for both companies.



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