Core Insights - Peter Lynch is recognized as one of the greatest investors, achieving a 29% compounded annual growth rate (CAGR) during his tenure at Fidelity Magellan, growing assets from $20 million to $14 billion [1] - Lynch's investment philosophy focused on growth-oriented stocks at reasonable prices, contrasting with Warren Buffett's classic value investing approach [1] - Both Lynch and Buffett shared a buy-and-hold philosophy, aiming to hold stocks for extended periods [1] Company Summaries ABM Industries (ABM) - ABM Industries is a janitorial supplies and facilities management company with a history of 115 years, characterized as a steady growth company [3] - The company reported a 4% revenue growth in its first quarter, all from organic growth, with adjusted earnings per share increasing by 9% year over year [3] - Management raised its full-year earnings guidance to a range of $3.30 to $3.45 per share, up from $3.20 to $3.40 per share [3] - ABM has increased its dividend for 55 consecutive years, yielding 1.9% with a free cash flow payout ratio of 30%, indicating potential for future dividend growth [4] ACM Research (ACMR) - ACM Research specializes in wafer fabrication equipment, providing advanced cleaning technologies for chip processing [5] - The wafer fabrication equipment market is currently declining, with a 10% revenue drop last year and an expected 4% decline this year [5] - Despite a 20% loss in stock value over the past two years, forecasts indicate a significant recovery in 2025 with 10% growth driven by increased semiconductor demand [6] - ACMR derives 45.5% of its sales from Chinese chip companies, with major customers including Semiconductor Manufacturing International and other significant players in the Asian market [6] Toyota Motor (TM) - Toyota is the largest automobile manufacturer globally and is increasingly recognized as a significant player in the electric vehicle (EV) market [7] - The company has focused on hybrid vehicles, becoming the global leader in hybrid sales, while other manufacturers are shifting back to hybrids from battery electric vehicles [8] - Toyota's stock is considered undervalued, trading at less than 10 times trailing earnings and at a fraction of its sales, presenting a strong investment opportunity [8]

ABM Industries (ABM) is one of the world’s largest facility services and solutions providers. It has performed exceptionally well over the past three months and has the potential to sustain its momentum in the near term. Consequently, if you have not taken advantage of the share price appreciation yet, it is time for you to add the stock to your portfolio.What Makes ABM an Attractive Pick?An Outperformer: A glimpse at the company’s price trend reveals that the stock has had an impressive run over the past t ...

   NEW YORK, May 22, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, announced today that Scott Salmirs, President and CEO, has been awarded the number one spot on the Empower Advocates 2024 Role Model list. This is the second consecutive year Salmirs has been named to the list recognizing leaders dedicated to creating a more inclusive environment for people of color in business. “Receiving this recognition is an ...

   NEW YORK, May 22, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, announced today that Scott Salmirs, President and CEO, has been awarded the number one spot on the Empower Advocates 2024 Role Model list. This is the second consecutive year Salmirs has been named to the list recognizing leaders dedicated to creating a more inclusive environment for people of color in business. "Receiving this recognition is an ...

Company Announcement - ABM will release its financial results for the fiscal second quarter of 2024 on June 6, 2024, before market open [1] - A quarterly conference call will be held on June 6, 2024, at 8:30 AM (ET), accessible via audio webcast or by phone [1] - A supplemental presentation will accompany the webcast, and a replay will be available for three hours after the event until June 20, 2024 [1] Company Overview - ABM is one of the largest providers of integrated facility services globally, with annualized revenue exceeding $8 billion [2] - The company offers a wide range of facility services, including janitorial, engineering, parking, electrical & lighting, energy solutions, HVAC & mechanical, landscape & turf, and mission-critical solutions [2] - Founded in 1909, ABM operates over 350 offices across the United States, the United Kingdom, and other international locations, employing more than 100,000 team members [2]

Company Announcement - ABM will release its financial results for the fiscal second quarter of 2024 on June 6, 2024, before market open [1] - A quarterly conference call will be held on June 6, 2024, at 8:30 AM (ET), accessible via audio webcast or by phone [1] - A supplemental presentation will accompany the webcast, and a replay will be available for three hours after the event until June 20, 2024 [1] Company Overview - ABM is one of the largest providers of integrated facility services globally, with annualized revenue exceeding $8 billion [2] - The company offers a wide range of facility services, including janitorial, engineering, parking, electrical & lighting, energy solutions, HVAC & mechanical, landscape & turf, and mission-critical solutions [2] - Founded in 1909, ABM has over 100,000 team members and operates in more than 350 offices across the United States, United Kingdom, and other international locations [2]

NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) --  ABM (NYSE:ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management is expanding its capabilities and focus to serve comprehensive fleet electrification, as eCommerce, distribution, last mile, airports, stadiums, municipal and public transit clients seek to scale the electrification of their fleets over the coming years. With over 30,000 EV ports installed nationwide, ABM is a leader in eMobility and energy infrastr ...

NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) --  ABM (NYSE: ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management is expanding its capabilities and focus to serve comprehensive fleet electrification, as eCommerce, distribution, last mile, airports, stadiums, municipal and public transit clients seek to scale the electrification of their fleets over the coming years. With over 30,000 EV ports installed nationwide, ABM is a leader in eMobility and energy infrast ...

blackred Investment Thesis I last covered ABM Industries Incorporated (NYSE:ABM) in November 2023 with a neutral rating as I was concerned about the slowdown in the commercial office end market. However, the company is executing well and despite the macro headwind related to commercial office space market impacting its largest B&I segment, it was able to post Y/Y growth by outperforming the B&I end market and posting good growth in the remaining segments. Looking forward, I expect the healthy growth in ...