Reported 1 day ago
Kevin Mahn, CIO of Hennion & Walsh, highlights RTX Corporation's (formerly Raytheon) strong position in the defense sector, particularly in missile defense systems. With the U.S. defense budget potentially reaching $1 trillion, Mahn believes RTX will capture a significant portion of these funds due to its competitive advantages. In contrast, he advises against investing in Vertical Aerospace (EVTL), citing its lack of defense approval and poor financial performance.
Source: YAHOO