ACM - AECOM: Solid Growth Potential
2024-02-07 21:35:32 ET
Summary
- AECOM reported earnings with impressive revenue growth.
- It is benefiting from the IIJA and increased fiscal spending.
- Infrastructure is again featuring in election pledges, and ACM should perform well with this as a backdrop.
It's election year and election promises are already being made. President Biden said on the 25th January , “Instead of infrastructure week, America is having an infrastructure decade.” This was both a pledge and a dig at Donald Trump who arranged several "infrastructure weeks" during his presidency with varying results....
AECOM: Solid Growth Potential