10 Best GARP Stocks to Buy Now

5. Carpenter Technology Corp. (NYSE:CRS)

Fwd. P/E: 25

Expected EPS Growth Next FY: 23%

Number of Hedge Fund Holders: 55

Upside Potential: 35%

Carpenter Technology Corp. (NYSE:CRS) specializes in producing high-performance specialty alloy materials and offering innovative process solutions for critical applications across various sectors, such as aerospace and defense, medical, energy, transportation, as well as industrial and consumer markets. The company manufactures and supplies premium specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels.

Carpenter Technology Corp. (NYSE:CRS) reported pretty strong Q2 2025 (FY ending June) results on January 30. Quarterly operating income surged by an impressive 70% year-over-year to $119 million and EPS nearly doubled to $1.66. Encouraged by the strong results, the company increased its FY 2025 net income guidance to a range of $500 million to $520 million, up from the earlier guide of $460 million to $500 million.

In a report on February 19, BTIG analyst Andre Madrid praised Carpenter Technology Corp.’s (NYSE:CRS) expected growth trajectory with a better-than-expected long-term outlook of adjusted operating income of $765M-800M in FY 2027. The guidance was even stronger considering that it factors in conservative OEM build rates that are below current OEM expectations, as per the analyst. He raised his price target on the shares to $245, from $230 earlier, and reiterated a Buy rating.