3 Stocks That Could Win Big Under Biden's Infrastructure Bill
After lots of debate and delay, the infrastructure bill is on its way to President Joe Biden, who will sign it into law. The $1 trillion spending package will provide funding for roads, bridges, ports, rail, water, the electric grid, broadband internet, and so much more. It should provide a significant long-term boost to the U.S. economy.
The spending package should also boost the fortunes of companies focused on infrastructure. Three infrastructure stocks that these Fool.com contributors see as big beneficiaries are Cleveland-Cliffs (NYSE: CLF), Xcel Energy (NASDAQ: XEL), and United Rentals (NYSE: URI). Here's why they could be long-term winners as the U.S. makes a major investment to upgrade its aging infrastructure.
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Source Fool.com