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StockNews.com
StockNews.com
Business
Pragya Pandey

Should You Buy Textron Stock on the Dip?

Textron Inc. (TXT) in Hamilton, Bermuda, is a multi-industry company that provides creative solutions and services to clients via its global aerospace, defense, industrial, and financial companies. The company is well-known for its prominent brands, including Bell, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU.

The company's shares have surged 42.3% in price over the past year. Closing yesterday's trading session at $67.24, the stock is currently trading 15.1% below its 52-week high of $79.24.

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