A promised U.S infrastructure bill in 2021 is likely to be excellent news for companies with exposure to road building, water infrastructure, and construction on infrastructure in general. That's why investors in equipment manufacturer Deere & Company (NYSE: DE) , sustainable water company Xylem (NYSE: XYL) , and engineering, design, consulting, and construction management company AECOM (NYSE: ACM) are getting their hopes up about government proposals currently in discussion.
Let's look at why all three of these stocks with an infrastructure focus might be attractive companies for investors in April.
This manufacturer is better known for its iconic agricultural machinery, but investors shouldn't overlook its exposure to construction and forestry equipment. The construction and forestry segment contributed around half as much in operating profit as the agriculture and turf segment did in 2019.
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3 Infrastructure Stocks to Buy in April