Syeda Seirut Javed
3 min read
In This Article:
Amentum Holdings, Inc. (NYSE:AMTM) is one of the 16 stocks Jim Cramer recently discussed. Cramer was bullish on the company as he highlighted its various important divisions and said:
“Now, when Amentum reported its latest quarter in early May, the results were good, better than expected revenues, a healthy earnings beat, management reaffirmed the full year earnings and cash flow guidance. Not bad. Sounds good. Then how come the stock dropped 4.5% the next day? Well, it seems that the market wasn’t overly impressed with Amentum’s growth story. While the company beat estimates, [it] still only posted 1% revenue growth year over year, and the earnings were just up 4%. That’s not good enough…
A close-up view of a chart tracking the performance of the common stocks of a public company.
