Carmen (KRMN) – Watch for a Pullback Entry in a Defense Supplier

9 days ago

Chris Marotch

"Right. So, the first company we're looking at here is Carmen. Ticker symbol is KRMN. They IPOed in February of last year. So, this is actually a pretty good time to take a look at the stock because now it's almost one year since the IPO. And at the end of last year, the stock was up over 230%. This is a supplier of components for the defense sector. So, it's also why there's some sentiment among analysts that this stock could still go higher even though it's already made this large move in 2025. If investors get a little bit of a pullback from this level, that might be a better buying signal for them."

The discussion on Carmen (KRMN) highlights its strong IPO performance with over 230% gains by the end of last year as a key supplier in the defense sector. Analysts see potential for further upside despite the large move, suggesting that a pullback could offer a more attractive entry point. Investors are advised to consider waiting for a slight dip before buying, given the parabolic rise and inherent volatility in IPO stocks.

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