Better Buy: RTX vs. Lockheed Martin
As tensions continue to run high in multiple areas around the globe, the goods and services of defense companies will, undoubtedly, remain in high demand.
Of the many choices, two common considerations that are often found on the radars of those seeking a defense investment are (NYSE: RTX) and Lockheed Martin (NYSE: LMT). Let's see how two fool.com contributors break down the bull cases for each stock.
Lee Samaha (RTX): While I don't think RTX is particularly undervalued right now, it has good earnings growth prospects, a useful 2.2% dividend yield, and a solid mix of businesses. The mix of defense and aerospace businesses has worked well in recent years, with the cash flows from defense helping RTX's commercial aerospace businesses overcome severe challenges during the lockdown periods.
Source Fool.com
