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Blue Bird: No Longer A Hidden EV Gem But There's More Upside
Blue Bird operates in the not-so-fancy school bus manufacturing industry. The company has two very clear growth catalysts due to the age of school buses and the transition to electric buses, supported by government plans. Blue Bird recently increased guidance for FY2024, which brought euphoria to the company's shares and, coupled with a reasonable valuation, makes me consider it a buy.
MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, announced today that Gurminder Bedi has resigned from its board of directors, effective June 26, 2024, following a nine-year tenure. Bedi joined the company's board in 2015 as an independent director after a 30-year career with Ford Motor Company. At Ford, he served as the vice president of the North American Truck business and was responsible for vehicle development and busi.
In addition to strong sales growth, all three companies sport a favorable Zacks Rank, reflecting bullishness among analysts and providing shares the fuel needed to climb higher.
BLBD, GTN and NVDA made it to the Zacks Rank #1 (Strong Buy) growth stocks list on June 26, 2024.
Here is how Blue Bird (BLBD) and Geely Automobile Holdings Ltd. (GELYY) have performed compared to their sector so far this year.
MACON, Ga.--(BUSINESS WIRE)--Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, announced the most comprehensive safety upgrades to its school buses in the company's history. Blue Bird buses will feature an unprecedented array of safety systems to protect school children, bus drivers and other road users. Blue Bird advances its safety leadership to help prevent injuries and save lives. School buses make up the largest mass transit transportation system i.
Small-cap typically refers to stocks trading at or below $2 billion in market cap. These companies may have recently begun trading publicly or haven't been able to scale their business to garner greater market share.
Growth stocksĀ are a solid choice for investors seeking to experience a rapid rate of return. Many of these stocks still offer potential upside, but it is best to do your due diligence.
Today we explore a screen that helps investors find stocks experiencing impressive upward earnings revisions activity, helping them earn Zacks Rank #1 (Strong Buys).