Source: Trtarabic.tv
Raytheon: The Trump Trade - Time to Buy the Dip
Raytheon (RTN) is a remarkable company that makes some of the best and most fearsome missile systems in the world. The company operates in several business segments related to defense but it is perhaps best known for its infamous Tomahawk cruise missiles, one of the U.S. military’s go-to weapons of choice.
Remember those Syria strikes last month? Yes, those were carried out using the deadly Raytheon produced Tomahawk cruise missiles. I have been bullish on Raytheon’s stock for some time now. In fact, the shares are up by roughly 30% since I recommended the company in my “Raytheon: The Future Trump Trade” article about 1 year ago. And I believe the stock is still going significantly higher from here.
