3 Top Infrastructure Stocks to Watch in June

Investors interested in buying stock in construction machinery company Caterpillar (NYSE: CAT), railroad Union Pacific (NYSE: UNP) and data center real estate investment trust (REIT) Equinix (NASDAQ: EQIX) are going to receive data and management commentary in the coming month which will help them decide whether to buy the stocks or not. Here's why and what to look out for.

Investors will want to see that the company's retail sales are starting to trend upwards rather than decline. As previously noted, Caterpillar's dividend looks sustainable, but management has started to back off from the margin and cash flow targets set on its investor day in 2019 -- a sure sign of stress.

The company publishes its retail sales data every month, and frankly, the numbers aren't going to be good. Caterpillar reports in terms of rolling three months figures, so the next number published will be March-May 2020, compared to the same period last year.

Source Fool.com