3 Stocks to Buy That Raised Guidance Recently
Aerospace giant Raytheon Technologies (NYSE: RTX), heating, ventilation, and air-conditioning company Carrier Global (NYSE: CARR), and electrical products company nVent Electric (NYSE: NVT) raised their full-year guidance recently and served notice to investors that their medium-term growth prospects are excellent. As such, they are three stocks that investors should seriously consider adding to their portfolio. Here's why.
Three factors came into consideration during the recent earnings season:
Building on the first point, it's important not to get too excited by the surging sales growth reported in the second quarter. So instead, let's focus on the question of whether the increased sales and the companies' price/cost actions will be enough to offset the raw material cost increases.
Source Fool.com
