Unmasking RTX: Behind The Surge And Concealed Threats

FotografieLink/iStock via Getty Images RTX Corporation (NYSE:RTX) is an American conglomerate that is one of the leaders in the aerospace and defense industry. Thesis Over the past three months, RTX’s share price has risen more than 23% due to Israel’s military operation against Hamas, a more aggressive use of its share buyback program, and stock market euphoria about the expected Federal Reserve interest-rate cuts in 2024. Source: TradingView However, in light of the company’s growing debt load, a drop in its revenue due to microscopic contamination detected in the powdered metal used to produce Pratt & Whitney’s turbofan engines, and…