RTX Forecast


Bullish Case: RTX's recent $1.2 billion Patriot contract win with Germany and successful AMRAAM-ER missile tests highlight a robust demand for its defense technologies, promising increased market share and sustained revenue growth.


Bearish Case: Despite significant contracts, RTX faces risks from potential legal challenges and operational disruptions due to geopolitical tensions and supply chain vulnerabilities, threatening investor confidence and stock stability.


Potential Outcomes:

1. RTX's contract execution drives stock up (65%).

2. Legal or supply chain issues cause downturns (25%).

3. Geopolitical tensions alter market conditions (10%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


May 02, 2024


Raytheon Forecast

RTX        Raytheon
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with RTX



OMC Forecast + Options Trading Strategies   OMC  Omnicom Group (0.9)


MASI Forecast + Options Trading Strategies   MASI  Masimo (0.87)


CROX Forecast + Options Trading Strategies   CROX  Crocs (0.84)


EW Forecast + Options Trading Strategies   EW  Edwards Lifesciences (0.83)


DFS Forecast + Options Trading Strategies   DFS  Discover Financial Services (0.82)



Uncorrelated Stock Forecasts

Assets with little price relationship to RTX



MTDR Forecast + Options Trading Strategies   MTDR  Matador Resources (-0.0)


BMY Forecast + Options Trading Strategies   BMY  Bristol-Myers Squibb (-0.0)


OVV Forecast + Options Trading Strategies   OVV  Ovintiv (-0.0)


SU Forecast + Options Trading Strategies   SU  Suncor Energy (0.0)


REM Forecast + Options Trading Strategies   REM  iShares Mortgage Real Est (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against RTX



DLO Forecast + Options Trading Strategies   DLO  DLocal (-0.78)


TIGR Forecast + Options Trading Strategies   TIGR  UP Fintech (-0.8)


UUUU Forecast + Options Trading Strategies   UUUU  Energy Fuels (-0.8)


CQP Forecast + Options Trading Strategies   CQP  Cheniere Energy (-0.82)


HNRG Forecast + Options Trading Strategies   HNRG  Hallador Energy (-0.85)





Become a more profitable investor with AI optimized trading strategies






×

Chat with RTX


 Ask any question about RTX!