abrdn U.S. Small Cap Equity Fund on Blue Bird Corporation
Thesis
abrdn initiated Blue Bird, a leading designer and manufacturer of school buses. The fund expects elevated replacement demand to support the business and believes Blue Bird's execution positions it to capture that demand. Its diverse powertrain portfolio adds flexibility across customer preferences and technologies.
“We believe the company is well positioned to benefit from elevated replacement demand given its strong execution and diverse powertrain portfolio.”