L3Harris Technologies Inc Rated Strongly by Multi-Factor Model

A recent report indicates that L3Harris Technologies Inc (LHX) has received a robust rating of 93% based on the Multi-Factor Investor model. This suggests strong investor interest owing to the company's fundamentals and valuations.

Date: 26-09-2024

AI Rating: 7

The report highlights that L3Harris Technologies Inc (LHX) is ranked highly using a multi-factor model that incorporates low volatility and high net payout yields. With a score of 93%, this indicates strong underlying fundamentals and valuation that could attract investor interest.

In the summary table, several criteria show a positive outlook. The company passes tests such as Market Cap and Standard Deviation, which signifies stability and growth potential. While the Twelve Minus One Momentum and Net Payout Yield are categorized as neutral, they do not detract from the overall strong rating.

Overall, the strong performance in market capitalization and low standard deviation suggests that LHX could be viewed as a safer investment option within the Communications Equipment industry. This perception may lead to increased investor confidence and potentially drive up stock prices in the future.

Stocks: LHX