4 Infrastructure Stocks to Buy in June
November 2021 seems like a long time ago. This is when tech stocks were at the peak of a rally that lasted the better part of two months. In the same month, President Joe Biden signed the $1.2 trillion bipartisan infrastructure bill into law. But as of May 17, only $110 billion , or less than 10%, of the funds had been allocated. Consequently, many infrastructure stocks are still poised to get a tremendous boost from the legislation in the months and years ahead. The law allocates a great deal of money to roads and bridges, specifically $111 billion. But less well-known to many investors is that the law also allocates $66 billion to rail, $8.3 billion for “Western water infrastructure,” and $9.5 billion to clean hydrogen projects . 7 High-Yielding Monthly Dividend Stocks to Buy in June To benefit from the federal government’s meaningful allocations, investors should buy the following infrastructure stocks: Ticker Company Price CAT Caterpillar Inc. $229.94 PLUG Plug Power Inc. $18.51 AQUA Evoqua Water Technologies Corp. $36.49 WAB Westinghouse Air Brake Technologies Corporation $93.81 Infrastructure Stocks to Buy: Caterpillar (CAT) Source: Shutterstock Based in Illinois, Caterpillar (NYSE: CAT ) is the leading maker of construction equipment in the world.
4 Infrastructure Stocks to Buy in June
November 2021 seems like a long time ago. This is when tech stocks were at the peak of a rally that lasted the better part of two months. In the same month, President Joe Biden signed the $1.2 trillion bipartisan infrastructure bill into law. But as of May 17, only $110 billion , or less than 10%, of the funds had been allocated. Consequently, many infrastructure stocks are still poised to get a tremendous boost from the legislation in the months and years ahead. The law allocates a great deal of money to roads and bridges, specifically $111 billion. But less well-known to many investors is that the law also allocates $66 billion to rail, $8.3 billion for “Western water infrastructure,” and $9.5 billion to clean hydrogen projects . 7 High-Yielding Monthly Dividend Stocks to Buy in June To benefit from the federal government’s meaningful allocations, investors should buy the following infrastructure stocks: Ticker Company Price CAT Caterpillar Inc. $229.94 PLUG Plug Power Inc. $18.51 AQUA Evoqua Water Technologies Corp. $36.49 WAB Westinghouse Air Brake Technologies Corporation $93.81 Infrastructure Stocks to Buy: Caterpillar (CAT) Source: Shutterstock Based in Illinois, Caterpillar (NYSE: CAT ) is the leading maker of construction equipment in the world.