Here's Why Hold Strategy is Apt for Kennametal Stock Right Now

Key Takeaways Kennametal expects fiscal 2025 revenue growth in aerospace and defense markets amid rising global spending. An investment in Toolpath Labs boosts KMT's digital offerings in AI-powered manufacturing software. Despite gains, KMT's Metal Cutting and Infrastructure segments face demand declines across key markets.Kennametal Inc. (KMT) is witnessing several positive trends that hold promise for its long-term growth. This includes an increase in U.S. and international defense spending volumes and ...