Textron's Earnings Don't Deserve Today's Drop
The following video is part of our "Motley Fool Conversations" series, in which Rising Star analyst Jim Mueller discusses topics around the investing world.
After beating the Street on both earnings per share and revenue, Textron's shares were down as much as 5.5% this morning. Why? Jim, who holds shares of Textron in his Rising Star portfolio, says that today's report fits right into his investing thesis and that not raising guidance is a poor reason to punish the shares.
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At the time this article was published Jim Mueller owns shares of Textron. The Motley Fool owns shares of General Dynamics and Textron. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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