Blue Bird Corporation (BLBD) is a leading manufacturer of school buses in the US, with a strong position in the growing market for alternative fuel school buses. The company’s early pivot to propane and electric school buses has given it a competitive edge, and it is well-positioned to benefit from the $5 billion EPA Clean School Bus Program. Blue Bird’s market share is expected to grow to 40% by 2029 due to its leading position in alternative fuel school buses. With its strong revenue growth and expanding market share, Blue Bird is a promising investment opportunity with a price target of $103 by 2029, representing 184% upside.
Results for: Market Share
GWM’s success in Australia, with sales soaring 45.3% in 2023, has positioned the manufacturer to introduce more expensive models. The growing acceptance of Chinese-made cars has driven this surge in sales, with GWM becoming a mainstream brand and leading a trend of Chinese manufacturers capturing market share. This growth has been accompanied by an increase in the average sale price of GWM vehicles, as the brand introduces new products and emphasizes quality and features.
In the first quarter of 2023, Apple’s iPhone sales in China plummeted by 19.1%, while Huawei experienced a significant surge of 69.7% in smartphone sales. Huawei’s resurgence is attributed to the launch of its Mate 60 model and the lifting of US sanctions. Apple’s shares have remained flat in premarket trading but have declined over 10% in 2023. Huawei’s comeback has impacted Apple’s sales in the premium segment and subdued replacement demand for iPhones.
In the first quarter of 2024, Apple’s smartphone sales in China experienced a significant decline of 19.1%, whereas Huawei saw a substantial growth of 69.1%. This shift indicates Huawei’s growing threat to Apple’s dominance in the premium segment of the world’s largest smartphone market.
Walmart has emerged victorious in the Philadelphia grocery market, surpassing Acme with a market share of 16.6% in 2023. This marks the second consecutive year of Walmart’s dominance in the region, a testament to their effective strategies and customer-centric initiatives.
DraftKings is poised for continued growth driven by the expanding sports betting and lottery industries. Its recent acquisition of Jackpocket will further enhance its revenue potential. Despite regulatory risks, the company’s leadership position and market share gains support a bullish outlook. With a forecasted revenue of $15.7 billion and an adjusted EBITDA margin of 35% by 2030, analysts rate DraftKings as a buy with a price target of $103, representing 153% upside.