Gary Bourgeault
Long only, research analyst, portfolio strategy, media

Why ABM Industries May Be A Buy And Hold Forever Stock

ABM Industries (NYSE:ABM) has been flying under the radar for a long time, and those that have invested in the company surely don't mind, as it has had a nice run over the last couple of decades, even as it serves successfully in some very unglamorous markets.

Since August of 1993, when ABM Industries was trading at $3.81 per share, the stock has soared to flirt with the $30.00 per share several times, and as of this writing is trading at a little under $28.00 per share. This was after a prolonged period trading in a range of just over $2.00 per share to $5.00 per share. That was from August 1982 to August 1993. From 1973 to...

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