Investors are shifting gears, moving away from high-risk assets to the comfort of stability. Growing uncertainties are steering the market away from speculative ventures, but this doesn’t mean embracing dullness. There are solid opportunities out there that offer the best of both worlds: reliable income and potential for growth.
For those looking to recalibrate their holdings to mirror the times, our stock recommendation for today presents a compelling opportunity.
RTX, a defense contractor with a history under the name Raytheon Technologies. It might raise eyebrows, but RTX plays a critical role in national security.
In terms of passive income, RTX boasts a 3.19% yield, outshining the sector average of 1.64%. The company has been steadily increasing its dividend since 2020, with a sustainable payout ratio of 45.65%.
When it comes to insider transactions, there have been some notable moves. The most recent was on July 26, when RTX Director James A. Winnefeld Jr. acquired 100 shares. He had previously added 200 shares in April last year.
Analyst opinions are divided, but the consensus leans toward a moderate buy, with an average price target suggesting a 25% upside potential, reaching $90.
Warning: Biden’s Big Blackout is Coming
So-called “green” energy is… DANGEROUS to human health… BAD for the environment…
And it DOES NOT WORK.
Right now, “green” energy is contributing to…Fuel shortages (the media has ignored this)…Sky-high energy bills hurting good Americans…And blackouts affecting every corner of our nation.
Democrats don’t mention any of this, do they Well, “stuff” is about to hit the fan.The collapse of their “Green New SCAM” will usher in…
The Triumphant Return of American Energy.…
[Click here to learn how to profit from the coming energy boom.]