NOVA - Best stocks for Biden's infrastructure plan from KeyBanc: Alpha Tactics Part 2

KeyBanc Capital Markets outlines the best potential beneficiaries from the White House's $2T infrastructure spending plan.Vertical Software. Analyst Jason Celino thinks the plan would "accelerate digitization opportunities across the architecture and construction industry."Bentley Systems (BSY) gets 60% of total revenue from infrastructure, so the plan could lead to "meaningful multiyear tailwinds."Autodesk (ADSK) exposure to infrastructure of 15-20% of revenue and the "completion of its Innoyze acquisition, providing solutions for water infrastructure assets, gives us incremental confidence."Trimble (TRMB) has 25-30% of revenue from infrastructure "geospatial, construction, and civil engineering offerings are well positioned."Communication Services. Analyst Brandon Nispel says the bill "is positive for infrastructure providers (tower operators) and neutral to negative for network providers (wireless carriers and cable operators)."American Tower (AMT), Crown Castle (CCI), SBA Communications (SBAC) are picks in towers, which will be helped by improving investment in wireless networks.Altice USA (ATUS), Cable One (CABO), Charter Communications (CHTR), Comcast (CMCSA), WildOpenWest (WOW) may

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Best stocks for Biden's infrastructure plan from KeyBanc: Alpha Tactics Part 2