Defense Stocks Surge Post-Budget

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Defense Stocks

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

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Business

Business & Economics

Is Karman Holdings (KRMN) Among the Best Mid Cap Defense Stocks to Buy According to Analysts?

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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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