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Is Raytheon Technologies Still a Buy?

Is Raytheon Technologies Still a Buy?

With Raytheon Technologies (NYSE: RTX) having released its first-quarter earnings report, it's become clear the recovery in the commercial aerospace market has been a bit slower than many anticipated going into the quarter. Recovery is coming, and it's a case of "when, not if" commercial air travel comes back. In this context, Raytheon's recent earnings help highlight why the stock is an excellent buy for long-term investors.