3 Infrastructure Stocks Positioned for Potential Government Spending
As government initiatives continue to channel significant funds into revitalizing America’s infrastructure, the appeal of infrastructure stocks seems more vibrant than ever. A notable driver behind this excitement is the Infrastructure Investment and Jobs Act (IIJA), also known as the Bipartisan Infrastructure Law (BIL), signed into law in November 2021 and still running today. This landmark legislation sets out to modernize the nation’s crumbling infrastructure, focusing on key areas like roads, bridges, water systems and broadband networks with a robust infusion of federal capital. As the IIJA moves forward, infrastructure stocks are set to retain quite strong momentum. Companies with exposure in this space are poised to keep reaping the benefits of sustained federal investment, leading to promising revenue and earnings growth. In this article, we’ll take a look at three infrastructure stocks well-positioned to keep capitalizing on the ongoing wave of government spending. These firms operate in critical segments of the infrastructure landscape, making them compelling choices for investors eager to tap into the current boom.
https://investorplace.com/2024/08/3-infrastructure-stocks-positioned-for-potential-government-spending/