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Blue Bird, founded in 1927, is a market leader in school buses, now innovating with diesel, gasoline, propane, natural gas, and electric powertrains. The company shows strong fundamentals with record-breaking $1.35 billion revenues and doubled EBITDA, driven by a growing share of electric bus sales. The latest earnings report highlights a strong backlog and comfortable guidance beats for FY24, indicating robust future growth.
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today January 14th:
The old adage that stock prices tend to rise early in the year after a slump in the final weeks of the preceding year—the so-called January effect—is not necessarily true in general and certainly not the case for every single company. Still, many investors approach a new year with a reinvigorated sense of optimism, and this exuberance can sometimes lead them to take on higher-risk bets in the hopes of earning a more significant reward.
Blue Bird (BLBD) closed the most recent trading day at $40.29, moving +0.02% from the previous trading session.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here is how Blue Bird (BLBD) and CarGurus (CARG) have performed compared to their sector so far this year.
Investors looking for stocks in the Automotive - Domestic sector might want to consider either Blue Bird (BLBD) or Tesla (TSLA). But which of these two stocks is more attractive to value investors?
CHANTILLY, Va.--(BUSINESS WIRE)-- #Board--Amentum, a global leader in engineering and technology solutions, has announced its board of directors effective upon the close of the pending merger with Jacobs' Critical Mission Solutions and Cyber and Intelligence businesses, expected to be completed after markets close on September 27, 2024. “Our impressive board is comprised of well-respected industry and business leaders who understand what it takes to address our world's most complex problems and opportun.
Here is how Blue Bird (BLBD) and CarGurus (CARG) have performed compared to their sector so far this year.
CRS, BLBD and KT made it to the Zacks Rank #1 (Strong Buy) growth stocks list on September 17, 2024.