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It's no secret that a key part of President Joe Biden's agenda calls for $550 billion in new spending that'll be earmarked for improving the nation's roads, bridges, waterworks and electric grid over the next five years.
But let's not get ahead of ourselves...
The bill was just finalized, so it still has to go through an evenly split Senate and Democrat-leaning House, where some on the left aren't too happy with the terms.
We don't know all of the specifics, but there is going to be major infrastructure expenditures, and some stocks are already starting to account that into their valuation, which typically drives price.
Do you remember the old phrase "buy the rumor, sell the news?" Well, it's going to be a while before the bill gets ironed out. But until then, WealthPress Senior Strategist Roger Scott has found a few stocks set to take off. | | |
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Jeff Z | Jeff Zananiri spent over two decades on Wall Street learning how the best made consistent money in the market. | | |
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