Textron Inc
TXT: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$43.00 | Qntbs | Kxhfhhlny |
Textron Reports Solid Second-Quarter Results; Commercial Demand Stays Strong
Business Strategy and Outlook
Textron is an industrial conglomerate that is focused on aerospace and defense. The company produces and services private aircraft, generally light to midsize jets, as well as military and commercial aircraft. The company also has a few smaller businesses that are not focused on aerospace, including an auto supplier, a golf cart manufacturer, and a small captive finance arm. Overall, we see more challenges than opportunities for the company over the foreseeable future.