Karman Holdings (KRMN) is a standout growth stock in the aerospace and defense industry, with its revenue climbing 35% year over year to $115.1 million in the second quarter. The company’s diversified segments, including hypersonics, strategic missile defense, space and launch, and tactical missiles, ensure long-term visibility and growth. With a funded backlog of $719 million, Karman is making significant strides in the defense and space industries, earning a “Strong Buy” rating on Wall Street. The stock has significant upside potential of 47% over the next 12 months.

Alphabet (GOOG), Google’s parent company, is another strong growth stock with consolidated revenue climbing 14% year-over-year to $96.4 billion in the second quarter. The company’s focus on digital advertising, cloud computing, and AI-driven innovations has led to double-digit growth in key segments like Google Cloud and Google Services. Alphabet is investing heavily in infrastructure to drive its next phase of growth, with a “Strong Buy” rating on Wall Street and an upside potential of 22% over the next 12 months.

Micron Technology (MU) is a leading semiconductor company with significant growth potential, reporting a surge in revenue to an all-time high of $37.4 billion in fiscal 2025. The company’s focus on memory and storage solutions for consumer electronics and data centers, along with collaborations with key partners like Nvidia, has solidified its position in the market. With a “Strong Buy” rating on Wall Street and an upside potential of 28% over the next 12 months, Micron is well-positioned to capitalize on rising demand for its products.

Read more at Yahoo Finance: The 3 Best Growth Stocks to Buy in October