10 Best Up and Coming Stocks to Buy for the Next 3 Years

8. Karman Holdings Inc. (NYSE:KRMN)

Number of Hedge Fund Holders: 43

Karman Holdings Inc. (NYSE:KRMN) is one of the best up and coming stocks to buy for the next 3 years. On May 28, Karman Space & Defense priced an upsized secondary offering of 14,000,000 shares of its common stock at $61.00 per share, totaling approximately $854 million in gross proceeds for the selling stockholders.

The offering size was increased from the originally proposed 13,500,000 shares, and underwriters have been granted a 30-day option to purchase an additional 2,100,000 shares. Karman Holdings Inc. (NYSE:KRMN) is not selling any shares in this offering and will not receive any proceeds from the transaction. The sale is managed by Citigroup and Evercore ISI.

The shares are being sold through an effective automatic shelf registration statement filed with the SEC. Investors are advised to review the preliminary prospectus supplement and related base prospectus available on the SEC’s EDGAR website for complete details regarding the offering.

Karman Holdings Inc. (NYSE:KRMN) is an aerospace & defense company that deals in mission-critical systems in the US. The company supplies products for hypersonic systems, strategic missile defense, tactical & integrated defense, and space & launch markets.