IFRA - 3 Infrastructure Stocks to Buy Right Now
Despite a lot of headlines, infrastructure has gotten the short end of the stick recently. In the past five years, the S&P 500 index has outpaced the iShares U.S. Infrastructure ETF (NYSEMKT: IFRA) nearly two to one. The broad index is up 72% compared to 37% for the ETF.
Infrastructure was a common topic during the Trump administration. But no legislation ever passed both chambers of Congress. President Biden first introduced a $2 trillion plan in March of this year. But the bill has been whittled down and is delayed, with many in the President's own party threatening not to support it.
A vote on the bill is likely Thursday. And if it passes, Lindsay Corporation (NYSE: LNN) , Westinghouse Air Brake Technologies (NYSE: WAB) , and ChargePoint Holdings (NYSE: CHPT) are likely to benefit. Here's why.
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3 Infrastructure Stocks to Buy Right Now