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 he's holding on to Raytheon's stock despite its 75% increase since he bought those shares in February 2013.

Summary:

  1. Raytheon's market capitalization is right around the iPIG portfolio's fair-value estimate.
  2. Raytheon sports a solid balance sheet with a debt-to-equity ratio around 0.4, which suggests the company should have little trouble rolling over its debt in the near future.
  3. Raytheon has a healthy, well-covered dividend with recent growth and room to continue growing as the company does.

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