The aerospace and defense company (NYSE: RTX) had a difficult 2023 with issues in both end markets. That said, investing is about looking forward, not backward. So, is RTX worth buying as a recovery play for 2024? Here's what you need to know.

The industrial stock will report its fourth-quarter 2023 earnings on Jan. 23, but investors already have a clear idea about what happened last year.

If you compare the full-year headline guidance given on the third-quarter earnings call in October with the guidance given at the start of the financial year, you might think RTX had an uneventful 2023.

Continue reading


Source Fool.com