10 Best Military Tech Stocks to Buy Now

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1. RTX Corporation (NYSE:RTX)

Number of Hedge Fund Holders: 79

Market Cap: $212.03 billion

RTX Corporation (NYSE:RTX) is one of the best military tech stocks to buy now. On July 23, UBS raised its price target on RTX Corporation (NYSE:RTX) to $177 from $166 and reiterated its Buy rating, citing continued operational improvements and an appealing valuation. At a current market price of $157.32, the new target reflects an upside potential of approximately 12.5%.

The firm’s revised target follows RTX’s recent earnings, which showed progress in execution and cost control. UBS highlighted that RTX has been improving margins across key segments, including defense and commercial aerospace, despite a complex operating environment.

Analysts also view the stock’s current valuation as favorable relative to peers, particularly given RTX’s diversified revenue mix and strong order backlog. Its free cash flow outlook has stabilized after prior concerns related to supply chain pressures and engine recall costs, helping support investor confidence.

The Buy rating indicates UBS expects RTX to outperform the broader market, driven by both internal execution and broader tailwinds in defense spending and commercial travel recovery. Still, potential risks such as geopolitical tensions and contract delays remain in focus for the second half of the year.

RTX produces missiles, radars, and defense avionics for global armed forces.

While we acknowledge the potential of RTX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RTX and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Most Profitable Consumer Stocks to Buy Now and 10 Best High-Margin Pharma Stocks to Buy Now.

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