With the government on the verge of a big infrastructure bill, these stocks stand to benefit
The U.S. may be on the verge of a major infrastructure
spending plan, and a looming infrastructure bill could be a major boost to the
nation’s infrastructure stocks.
Infrastructure across the country is in need of repair.
Investors should always be on the hunt for potential growth catalysts.
Indeed, one potential catalyst is underway today with
President Joe Biden’s infrastructure plan. At this stage it is a framework and
not law, but should it become law, the major construction-related components of
the framework stand to benefit a wide variety of stocks.
Investing in themes can be difficult given news gets priced
into stocks very rapidly. However, because the infrastructure bill is still
just a framework and the specific details haven’t been worked out, there are
many companies that stand to benefit from it should it come to fruition.
The three companies we’ve highlighted here stand to be
sizable beneficiaries regardless, as construction will undoubtedly be a massive
portion of the bill. We therefore see these three stocks as years-long
beneficiaries of increased infrastructure spending.
So let’s take a look at three dividend names we think have
the potential to see a sizable positive impact should the plan come to
fruition. And in the meantime, all three stocks pay dividends to shareholders,
and raise their dividends on a regular basis.
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