J - Infrastructure names start strong following Georgia elections

Infrastructure stocks open with strong gains as the group is seen benefiting as Democrat candidates are poised to prevail in the Georgia elections and win a majority in the U.S. Senate, which would raise the likelihood of a follow-on fiscal package.Construction materials stocks are positively exposed to increased infrastructure spending: [[VMC]] +8.7%, [[MLM]] +8%, [[SUM]] +9.6%, [[EXP]] +5.8%, [[USCR]] +8.5%, [[GVA]] +9.9%.Engineering firms also post strong gains in early trade: [[FLR]] +7.3%, [[KBR]] +4.7%, [[J]] +5.2%, [[ACM]] +6.1%.Martin Marietta Materials recently was chosen as the preferred infrastructure stock at Morgan Stanley "due to its better state-level outlook, stronger pricing power and potential for a re-rating."

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Infrastructure names start strong following Georgia elections