Stocks

Crown Castle has a 21% gain potential. What about Raytheon?

The stock markets rallied during the last few weeks. That’s a good thing for the global economy’s recovery. However, it also means that share prices, which were extremely low due to the crisis, will skyrocket again. If you want to grab good stocks for a low price, you still have a chance. Wall Street analysts recommend several futures, which are a strong-buy this month.

Raytheon Technologies, Crown Castle, or iShares?

Let’s begin with a real estate investment trust – Crown Castle International. The name sounds serious, and well, considering this company owns more than 40,000 cell towers across the U.S., we can safely say that they aren’t joking around. Crown Castle is focused on the ownership, operation, and leasing of towers. Therefore, its infrastructure will be absolutely vital for the multiyear rollout of 5G technology.

The stock pays a 2.8% dividend, and its shares are up 21% to date this year. According to forecasts, it may gain more in the future.

Related Post

On the other hand, Raytheon Technologies is an aerospace and defense company. It was formed after a merging of Raytheon and United Technologies. This stock yields 2.9%, and Raytheon uses 61% of earnings to finance it. The company is a member of the dividend aristocrats. It has raised its payout for 26 straight years.

While commercial flights are still delayed due to the pandemic, and it will be some time while they renew to the past rate, it doesn’t hinder the company much. Raytheon’s intelligence and space program, as well as its defense and missiles segment, ensure profit. This company is also one of the most well-diversified in its industry. It had a record backlog of $51.3 billion at the end of the first quarter of 2020.

iShares also get a Buy rating for this month. This company uses a methodology by which it invests in some of the traditionally less volatile U.S. futures. It’s technically an exchange-traded fund. iShares seeks to capture less of the downside in stock market sell-offs. This way, it can maintain exposure to the market and reduce the risk slightly along the way.

Recent Posts

US Economy Growth Slows to 1.6% in First Quarter

Key Points: US economy growth slowed to 1.6% in Q1, below the expected 2.4%. Consumer spending growth tapered, but business…

23 hours ago

Microsoft Revenue Hits $61.9B, Up 17% Year-Over-Year

Key Points: Microsoft's რevenue surged to $61.9 billion, a 17% increase driven by robust sales in all business segments. Notable…

24 hours ago

Ethereum Stabilizes Below $3,180 Amid Market Caution

Key Points Ethereum is Trading below $3,180, under the 100-hourly SMA, indicating a cautious market trend despite the formation of…

1 day ago

Oil Prices Up: Brent Gains 2%, WTI Increases 0.5%

Key Points Oil Prices rose, Brent crude oil reached $89.32 per barrel, up 2%, and WTI at $83.86, up 0.5%.…

1 day ago

GBP/USD Drops to 1.2502 Amid Economic Turmoil

Key Points GBP/USD is currently at 1.2502, impacted by UK-US economic turbulence and monetary policies. US Q1 GDP growth at…

1 day ago

USD/INR Emerges as Steadiest Major Currency

Key Points: Despite global volatility, USD/INR is the least volatile major currency in FY 2023-24, supported by interbank USD sales…

1 day ago

This website uses cookies.