Defense Stocks Surge Post-Budget
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Defense StocksInsider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
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Business & Economics
Is Karman Holdings (KRMN) Among the Best Mid Cap Defense Stocks to Buy According to Analysts?
80% Informative
Karman Holdings Inc. ( NYSE : KRMN ) specializes in the manufacturing and sale of mission-critical systems for missile, space, and defense programs.
The stock has returned over 13% since its debut on the NYSE on February 13 .
Analysts at Citi believe defense stocks are poised for outperformance due to minimal tariff exposure and increased military budgets.
Wall Street analysts are bullish on Karman Holdings Inc. ( NYSE : KRMN ), with a consensus Strong Buy rating and an average share price upside potential of 27.30% .
The company ended the year with a record funded backlog of $579.8 million , growing 35.2% .
Overall, KRMN ranks 5th among the 10 best mid cap defense stocks to buy according to analysts.
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