These stocks and ETFs could be the biggest beneficiaries of the infrastructure bill

0 9
Infrastructure stocks took off late this week as a bill backed by President Joe Biden cleared another key hurdle.Late Wednesday, the Senate voted to advance the infrastructure bill, which includes $550 billion in new spending for such projects as moving the country to clean energy reliance, building roads and rails and expanding internet access.The PAVE ETF, whose stocks include Deere and Union Pacific, rose more than 1% on Thursday on the heels of that progress.While the bill has a way to go with the details still unknown, any influx of spending could have an outsized impact on industrials, materials and utilities stocks. CNBC's "Trading Nation" asked its traders on Thursday about what companies they see as key beneficiaries."There's a lot of ways to play this," said Gina Sanchez, CEO of Chantico Global and chief market strategist at Lido Advisors. She pointed to the PAVE or IFRA infrastructure ETFs as two broad ways to gain exposure.But her favorite way to play the space is
Subscribe or log in to read the rest of this content.
Leave A Reply

Your email address will not be published.

At The Centre of Every Trade
$59.95/month