Karman Holdings Inc. (NYSE:KRMN) is one of the 13 stocks recently discussed by Jim Cramer. During the lightning round, a caller asked about the company, and Cramer replied:
“I mean, the missile story is good. That company came public in February… These are the kinds of companies that are making a lot of people a lot of money…”
An aerial view of a commercial rocket launch, its trajectory aiming to the stars.
Karman Holdings (NYSE:KRMN), through its subsidiary, designs, tests, manufactures, and sells mission-critical systems, including payload protection, deployment mechanisms, aerodynamic structures, and propulsion technologies for use in defense and space applications. Prosper Stars & Stripes Fund stated the following regarding Karman Holdings Inc. (NYSE:KRMN) in its Q1 2025 investor letter:
“The Composite has also invested is several defense stocks that will benefit from stability in overall defense spending and the shifting priorities that emphasize the navy and modernizing weapon systems. As an example, Karman Holdings Inc. (NYSE:KRMN) is a supplier of subsystems for space and launch applications, missiles, and hypersonic weapons. The company expects revenues to grow over 24% in 2025 and to deliver over 30% EBITDA margins.22 We believe this is one of the ways to invest in the need to modernize the US defense industry.”
While we acknowledge the potential of KRMN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.