A Bull Market Is Coming: 3 Reasons to Buy Raytheon Stock
The exciting thing about aerospace and defense giant Raytheon Technologies (NYSE: RTX) in 2023 is how it's setting itself up for excellent medium- and long-term growth. Raytheon generates around 55% of its revenue from aerospace and the rest from defense. The company is in the throes of reorganizing its segments from four to three, with the two defense-focused businesses becoming part of a so-called Raytheon segment.