Is RTX Corporation (RTX) A Good Stock To Buy Now?

July 4, 2026 - 03:36

A recent bullish analysis on RTX Corporation has caught the attention of investors. The thesis, shared on a Substack blog, argues that the defense and aerospace giant is positioned for strong long-term growth. As of late June, RTX shares were trading around $187.33, with a trailing price-to-earnings ratio of 35.27 and a forward P/E of 27.03.

The core of the argument focuses on RTX's diversified business model. The company operates through segments like Collins Aerospace and Pratt & Whitney, which provide a steady stream of revenue from commercial aviation and defense contracts. Supporters believe that the current valuation does not fully reflect the potential from rising global defense spending and a recovery in air travel. The forward P/E, while not cheap, suggests that earnings are expected to grow, which could make the stock more attractive over time.

However, investors should weigh the risks. The defense sector is subject to government budget changes and geopolitical shifts. supply chain issues and engine maintenance problems have weighed on the company in the past. For those considering a position, the key question is whether RTX can deliver on its earnings growth targets to justify its current price. The bullish case says yes, but the market will ultimately decide.