Why L3Harris Is An Attractive Buy On The Recent Pullback
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L3Harris Technologies is considered an attractive investment due to its recent price pullback, strategic acquisitions, and a strong $34 billion backlog. The company reported strong Q3 2024 results with 8% revenue growth and increased free cash flow, and has raised its revenue guidance.
December 08, 2024 | 3:45 pm
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L3Harris Technologies is positioned for growth with a recent price pullback, strategic acquisitions, and a $34 billion backlog. Strong Q3 2024 results and raised revenue guidance enhance its investment appeal.
The article highlights L3Harris's strong Q3 2024 results, including 8% revenue growth and increased free cash flow, which indicate operational efficiency. The raised revenue guidance and strategic acquisitions further support the potential for sustained growth. The recent price pullback presents a buying opportunity for investors.
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