The biggest problem is getting funding, and the government is still fighting over how to pay for infrastructure rebuilding. At some point, funding will be available, it will have to be available, and when that happens, the companies involved in infrastructure building and repairs with benefit.
There are more than half a dozen publicly traded infrastructure stocks, according to the free list of infrastructure stocks at WallStreetNewsNetwork.com. The stocks are in the business of providing supplies, building and repairing, and consulting.
One of the major beneficiaries of infrastructure rebuilding is Granite Construction (GVA), which is involved in heavy civil contracting and producing construction materials. It repairs and builds roads, highways, bridges, and other infrastructure projects. The stock trades at 16.8 times forward earnings, and earnings for the latest quarter were up 17.2% year over year on a slight drop in revenues. The stock sports a yield of 1.5%.
To access other top infrastructure stocks, go to the free list at WallStreetNewsNetwork.com, which has information on the PE, forward PE, PEG, and yield.
Author does not own any of the above.