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 cleared by the Senate on Aug. 11, so it still has to go through a 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 are going to be major infrastructure expenditures, and some stocks are already starting to account for that in their valuations, which typically drives price. Do you remember the old phrase "buy the rumor, sell the news?" Well, it could be a while before the bill gets ironed out. So until then, I've found a few stocks set to take off.
|
0 Response to "2 Stocks That Will Benefit From Biden’s Big Spending Plan "
Post a Comment