Martin Marietta Materials (MLM), along with other public companies in the Industrial sector, saw a surge in their stock price following the news of Trump's administration $1T proposal for infrastructure spending as reported by Bloomberg. The proposal would be heavily focused on providing funding for the construction of roads and bridges, as well as rural broadband and 5G wireless infrastructure. The proposal comes at a perfect moment, as it aims to ignite the economy back to life after quarantine measures due to COVID-19 sent major economies into contraction.
MLM is a leading