Blue BirdNASDAQ: BLBD

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.

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.

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.

Investors are drawn to small-cap companies due to their inherently risky profiles compared to larger companies. Smaller companies have a greater potential to boom or bust.

Blue Bird (BLBD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Blue Bird (BLBD) is well positioned to outperform the market, as it exhibits above-average growth in financials.

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