Kennametal (KMT) Exhibits Strong Prospects Despite Headwinds

Kennametal Inc. (KMT) is gaining from solid product offerings, commercial and operational excellence and a wide geographical presence. Its Metal Cutting segment is benefiting from strength in the transportation, general engineering and aerospace and defense end markets. Also, its strategic initiatives, innovation and operational excellence bode well. Within the segment, general engineering end-market revenues benefited from increased industrial activity in the Americas region.KMT is likely to benefit from i ...