ALG - 3 Exceptional Growth Stocks to Buy Hand Over Fist in 2023
The past year or so has not been great for growth stocks, but if you subscribe to Warren Buffett's view that investors should be greedy when others are fearful, then now could be a good time to start picking some up. In my view, maintenance equipment company Alamo Group (NYSE: ALG) , positioning technology company Trimble (NASDAQ: TRMB) , and infrastructure software company Bentley Systems (NASDAQ: BSY) , are all stocks with bright near-term and long-term futures -- not least because they have heavy exposure to infrastructure spending. Here's the lowdown on why you should think about adding them to your portfolio soon.
You may not know this company, but there's a high likelihood you've seen some of its products in action on the road. Alamo Group manufactures a wide range of vegetation and infrastructure management equipment, such as snow plows, roadside mowers and cutters, spreaders, small-scale excavators, and land-clearing and land-shaping equipment.
As such, its key end-market customers are governmental bodies and related contractors undertaking infrastructure maintenance.
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3 Exceptional Growth Stocks to Buy Hand Over Fist in 2023