| Pratt's commercial engines will account for less than 10% of RTX's profits this year, while RTX's strongest revenue center - its missile division - stands to generate one-third of the profits for its defense business. As I just argued in my "2024 Predictions and Forecast" presentation, missiles are the #1 area of the defense budget that needs rapid upgrades and a massive increase in production. To put it all in perspective... The Pratt military business accounts for around $7 billion of RTX's $73 billion in profits. One small segment of RTX's operation costing it $35 billion in market cap is a gross overreaction - which is why we feel RTX represents a tremendous value at these levels. YOUR ACTION PLAN No matter what happens, I'll soon be executing a trading strategy inside The War Room that could help you profit no matter which way the stock moves. Are you not yet a member of The War Room? Well, I have good news... On January 30-31, we're launching a new way to follow along with all our War Room trades... We're calling it... The War Room Fast Pass. This FREE two-day pass gets you exclusive access to everything happening inside The War Room, including our recently published "2024 Predictions and Forecast" presentation! Keep an eye out for your invitation over the next few days, and be sure to sign up immediately. You don't want to miss this two-day FREE event! More details to come. |
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