Jim Cramer on Kratos Defense: "It's Time to Pull the Trigger"

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) is one of the stocks that was recently put under the microscope by Jim Cramer. A caller sought out Cramer’s opinion of the stock during the episode, and he commented, “Kratos is a terrific stock. It’s come down a bit. It’s time to pull the trigger.”

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops advanced technologies, systems, and software for defense, national security, and commercial markets. The company’s solutions include unmanned aerial systems, space and missile technologies, propulsion systems, and electronic warfare solutions. When a caller inquired about the stock during the August 14 stock, Cramer replied:

“Well, that’s a drone company, and drone companies are very, look, I like AVAV, but Kratos, that one’s a good company too, but I’m going to stick with my AVAV.”

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Disclosure: None. This article is originally published at Insider Monkey.