NEW YORK, Sept. 24, 2012 /PRNewswire/ -- Textron, Inc. (NYSE: TXT : $27) has been picked by S&P Capital IQ as its Focus Stock of the Week. TXT carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy.
"Based on results to date and new initiatives, we view Textron's new management as unusually capable and focused on creating business value," said Richard Tortoriello, equity analyst at S&P Capital IQ. "We view Textron's two major brand names, Cessna and Bell, as having significant recognition and as foremost brands in their industries, and expect management to cultivate and capitalize on these brands through significantly improved product development, marketing, and sales efforts."
To view a video of Mr. Tortoriello discussing TXT click on the following link. Playback/Web Link
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