Jim Cramer Says "It's the Perfect Time for RTX"

RTX Corporation (NYSE:RTX) is one of the stocks Jim Cramer recently highlighted. Cramer discussed the reason for the stock’s rally, as he said:

“The best quarter today came from RTX. Yeah, the old Raytheon United Technologies, defense contractor, commercial aircraft engine maker, that’s putting up staggering numbers. Why? RTX makes the complex military systems that are needed to defend our country and defend the countries of NATO.

With the former getting special attention from the president and the latter seeing more spending by its members away from the US because of President Trump, it’s the perfect time for RTX. These guys are working overtime to replenish our missiles because we sent so many of our stockpile to Ukraine. Management points out that while drones are important, you need a more comprehensive missile system as a deterrent to save a country, and you may need a golden dome at home to shoot down everything incoming. That’s RTX. That’s how a stock rallies $12, 7%.”

RTX Corporation (NYSE:RTX) makes aerospace and defense systems for commercial, military, and government customers. The company builds aircraft engines, avionics, and defense technologies, and also provides maintenance, training, and support services.

While we acknowledge the potential of RTX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.