Better Bear Market Buy: Energy Transfer vs. Raytheon
Stocks tumbled into a bear market earlier this year, enduring their worst first half in decades. While they've recovered from their lows, most investors aren't yet convinced that this challenging market is in the rearview mirror.
With that in mind, we asked a couple of our contributors to make a case for buying Raytheon (NYSE: RTX) and Energy Transfer (NYSE: ET) during a bear market. Here's why they like these two companies.
Lou Whiteman (Raytheon): The 2019 combination of the aerospace arm of United Technologies and defense-contractor Raytheon was billed as a way for both sets of investors to diversify. The deal blended UTX's commercial-aviation-focused portfolio with Raytheon's military muscle.
Source Fool.com
