Raytheon: Buying Opportunity In A Good Yielding Stock
- Although RTN's stock has gained 62.1% from the start of 2013, it still has plenty of room to move up.
- RTN has compelling valuation metrics and strong earnings growth prospects.
- RTN is generating strong free cash flows and returns value to its shareholders by stock buyback and increasing dividend payments.
- RTN had bookings of $6.8 billion in the second quarter, resulting in a book-to-bill ratio of 1.19.