The long-awaited infrastructure bill has passed. Let’s talk about the six best dividend stocks to capitalize on this spending.
Here’s where the larger chunks of money are going:
- $110 billion to build new roads, bridges and other major infrastructure
- $66 billion to improve passenger and freight rail
- $65 to upgrade America’s broadband infrastructure
- $65 billion to upgrade and build up the electric grid
- $55 billion to improve America’s water infrastructure
- $39 billion to modernize public transit
- $25 billion to repair and maintain airports
- $17 billion to update port infrastructure
- $7.5 billion to build a network of electric vehicle chargers
- $7.5 billion to create low-emission buses and ferries
Most of this “obvious” government spending is going to industrials and materials firms.… Read more
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