If you’ve been following the news, then you know the White House reached an infrastructure deal between Democrats and Republicans…
They keep going back and forth, as per the usual political rancor on Capitol Hill these days, but a deal is supposedly still in place. So now is a great time to look at stocks that will benefit from infrastructure spending.
This is a massive spending bill totalling about $1.2 trillion dollars to help rebuild infrastructure in the U.S., including more than $500 billion in new spending.
About $312 billion will go to transportation projects like roads, electric vehicles, airpots, public transit and so on. Another $266 billion will go to water, broadband and power grid projects.
When it comes to stocks that will benefit from infrastructure spending, the first name I’m looking at is American Tower Corp. (NYSE: AMT).
AMT is a real estate investment trust, or REIT, and it blasted off after a big pullback in March…
This is a volatile but strong stock, and what this company does is cell phone towers. They do wireless TV, radio and broadcast companies, and we have 5G coming out — basically everything that goes up in the air and transmits signals.
This is an evergreen business that will be around forever, and it’s just my first stock that will benefit from infrastructure spending. Check out my short video and let’s dive into the other seven names.
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I’ve spotted a major tipping point in cryptocurrencies…
And we’ve all thought about the money we could’ve made in Bitcoin and other cryptos if we invested a decade ago. Can you imagine having bought Bitcoin 10 years ago for around $3.50 a coin?!
People are now reluctant to jump into crypto after the big run up we’ve seen the past few years.
But I believe an event is happening soon that will single-handedly launch a new wave of crypto riches! I can’t believe this isn’t all over the news and social media — yet!
The thing is, the more people know about this, the higher prices will go. So make sure to get in… before it’s too late!