3 Infrastructure Stocks to Buy Right Now
The need to maintain and upgrade infrastructure isn't going away any time soon, and the promise of an infrastructural bill adds a growth kicker to all three of these stock picks. Let's take a look at why sustainable water company Xylem (NYSE: XYL), infrastructure consultancy AECOM (NYSE: ACM), and metal coating company AZZ (NYSE: AZZ) are worth buying to play the infrastructure spending theme.
The investment case for buying AZZ rests on the company's efforts to refocus its core business, namely galvanizing metal. The metal coating segment generated $107 million in adjusted operating income in its fiscal year 2021, compared to just $15.7 million from the infrastructure solutions (enclosure systems, switchgear, electrical products, and lighting systems).
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Source Fool.com