L3Harris Technologies: A Rare Undervalued U.S. Aerospace And Defense Stock To Buy
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L3Harris Technologies, a leading aerospace and defense company, is considered undervalued with strong growth prospects. The company reported Q3 revenues of $5.3 billion and a backlog of $34 billion. Analysts expect high-end 2024 guidance with $21.3 billion in sales and EPS of $13.06.
January 26, 2025 | 12:00 pm
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L3Harris Technologies is identified as an undervalued stock with strong growth prospects in the aerospace and defense sector. The company reported solid Q3 financials and has a significant backlog, supporting future growth expectations.
L3Harris Technologies is highlighted as a rare undervalued stock in the aerospace and defense sector. The company's strong Q3 financial performance and substantial backlog indicate robust future growth, aligning with analysts' high-end 2024 guidance expectations.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100