8. Kris Rymer of Safe Harbor Stocks on Amentum (AMTM) and Magnera (MAGN)

During the episode, Kris shares his background and then dives deeply intoAmentum (AMTM) andMagnera (MAGN). We then cover questions aboutMillrose (MLP), Net Lease Office Properties (NLOP) and others.

1:00 – Kris shares his background and experience buying andselling a small business

2:15 – Finance and entrepreneurship runs in Kris’ family

5:10 – How Kris evaluates a spin-off

9:00 – Why spin-offs are a great starting place for a newinvestor

9:55 – Why Amentum (AMTM) looks interesting today

12:50 – What has driven the weakness in the stock?

19:00 – What impact will DOGE have on AMTM?

23:40 – What is fair value for Amentum?

26:25 – How much of an overhang is PE ownership?

28:15 – Magnera (MAGN) overview

34:30 – Margin expansion potential at Magnera

35:30 – Magnera risks

41:15 – Magnera sell side estimates are conservative

44:45 – Thoughts on upcoming Millrose spin-off?

51:40 – What is your favorite spin-off situation on thehorizon?

57:40 – How to get in touch with Kris