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Raytheon boasts a reasonable valuation, a solid balance sheet, and a well-covered and growing dividend.
Raytheon (RTN) is a selection for the real-money Inflation-Protected Income Growth portfolio. In this brief video, portfolio manager Chuck Saletta offers three reasons why he's holding on to Raytheon's stock despite the company's substantial gain since he bought it early this year.
To follow the IPIG portfolio as buy and sell decisions are made, watch Chuck's article feed by clicking here. To join The Motley Fool's free discussion board dedicated to the IPIG portfolio, simply click here.
Chuck Saletta owns shares of Raytheon Company. The Motley Fool owns shares of Raytheon Company. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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