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RTX Corp Stock Is Down 31%: This Competitor Is a Better Buy-on-the-Dip Stock

TheMotleyFool

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RTX Corp Stock Is Down 31%: This Competitor Is a Better Buy-on-the-Dip Stock: https://g.foolcdn.com/editorial/images/749345/price-vs-value-scale-drawing.jpg

RTX Corp (NYSE: RTX) hasn't delivered great results in recent years, with new problems to deal with after a big merger. In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down what's gone wrong and explain why investors would do well to consider buying its best-of-breed competitor, Lockheed Martin (NYSE: LMT), instead. With shares down 18%, it's trading at a fair price, but it has been the better business of late.

*Stock prices used were from the afternoon of Sept. 27, 2023. The video was published on Sept. 30, 2023.

Source Fool.com