2 Industrial Stocks I'd Buy Every Day Before RTX
RTX is strong, but its shares are near their highs. Here are two industrial stocks tied to AI infrastructure spending that I'd buy first.
Overview
The industrial sector is riding several powerful spending cycles, and RTX (NYSE: RTX) sits right in the middle of two of them: aerospace and defense. Demand looks healthy across its businesses, and its huge backlog gives investors plenty of visibility into what's ahead.
That strength is also why the stock looks priced for a lot of good news. RTX is up about 45% over the past year and now trades just below its 52-week and all-time high of $227.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.