ABM Industries Incorporated ((ABM Quick Quote – )), a facilities management provider, has performed well so far this year and is likely to maintain that momentum in the near term. So, if you haven't taken advantage of the stock's rise, it's time to add the stock to your portfolio.

What makes ABM an attractive choice?

Outperforming the market: A glance at the company's price trend shows that the stock has performed well on the exchange so far this year. ABM's stock has returned 12.8%, while its affiliates are down 1.7%.

Solid Rank: ABM has a Zacks Rank #1 (Strong Buy) and a Value Growth Momentum Score (VGM Score) of A. Our research indicates that stocks with a Zacks Rank #1 or #2 (Buy) of A or B offer the best investment opportunity. As a result, the company is currently a compelling investment proposition. You can see.

Northward Estimate Revisions: The direction of estimate revisions is an important indicator when it comes to stock prices. One estimate for 2022 has moved northward in the last 60 days without revisions to the south. Over the same period, the Zacks Consensus Estimate for 2022 earnings has shifted north by 2.3%.

History of Positive Earnings Surprises: ABM has an impressive history of earnings surprises. The company has beaten the Zacks Consensus Estimate for the past four quarters, averaging more than 11.8%.

Growth Factors: ABM's multi-year integrated strategic plan ELEVATE is focused on providing customers with products that increase transparency and efficiency, developing its own talent management system capabilities, expanding data usage and modernizing the digital ecosystem. ELEVATE is expected to significantly accelerate the company's organic growth, improve its strategic and integrated positioning, and enhance profitability.

The recent acquisition of Able Services is expected to strengthen ABM's engineering and technical services and expand its sustainability and energy efficiency offerings. The acquisition adds $1.1 billion in engineering and cleaning services revenue and is expected to realize approximately $30 million to $40 million in cost synergies for the company.

Zacks Rank and Other Stocks to Consider

Some other stocks in the broader sector that investors may consider are Cross Country Healthcare (CCRN Quick Quote -), Accenture ((ACN Quick Quote -)) and Clean Harbors (CLH Quick Quote -).

Cross Country Healthcare's Zacks ranked No. 1. The company's long-term earnings increased 6.6 percent.

Cross Country Healthcare has unexpectedly averaged 41.5% earnings over the past four quarters. CCRN's stock price has soared 44.2% over the past year.

Accenture's Zacks ranks second (Buy). The company's expected earnings growth for the year is 19.8%. On average, it has achieved four consecutive quarterly earnings surprises of 5.3%.

Accenture's stock price has soared 16.9 percent in the past year. The company's long-term earnings grew 10 percent.

Clean Harbors owns Zacks in second place. The company has averaged 43.2% earnings surprise for four consecutive quarters.

CLH's share price has risen 17.5% in the past year.