03-29-2021, 11:21 AM
What do you guys see in RTX at the moment?
Long story short: I was the biggest fan of it before the merger. After the merger, not so much. And then covid? Even less of a fan.
Air travel will return, that is certain. But all of that is already baked into RTX share price. Don't even try to tell me it's undervalued here. It'll take years, if not decades, to fix what the merger and covid did to the balance sheet. (that used to be absolutely pristine)
I still have my RTX. But all the money that I have going into the sector is LHX & LMT, I don't think I've bought Raytheon after 2018 or so.
Long story short: I was the biggest fan of it before the merger. After the merger, not so much. And then covid? Even less of a fan.
Air travel will return, that is certain. But all of that is already baked into RTX share price. Don't even try to tell me it's undervalued here. It'll take years, if not decades, to fix what the merger and covid did to the balance sheet. (that used to be absolutely pristine)
I still have my RTX. But all the money that I have going into the sector is LHX & LMT, I don't think I've bought Raytheon after 2018 or so.