KTOS - Kratos Defense & Security Solutions: A Good Pick In The Defense Industry

2024-02-17 08:53:08 ET

Summary

• Kratos Defense & Security Solutions has outperformed the S&P 500 by 53% and is expected to continue its upward momentum.
• The company has shown strong financial performance, with consistent revenue growth and improved profitability.
• Kratos has a competitive advantage with its innovative products, such as the XQ-58 Valkyrie, and a diverse portfolio that appeals to a wide range of customers.
• My target price is $32.82.

Investment Thesis

Kratos Defense & Security Solutions, Inc. (KTOS) shares have performed impressively over the last year, gaining more than 74% and outperforming the S&P 500 by a margin of more than 53%....

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