If You Believe Trump, Here are 2 Stocks to Own
"We used to have the greatest infrastructure anywhere in the world, and today we're like a third-world country," President Donald Trump said at a press conference Tuesday. "No longer will we allow the infrastructure of our magnificent country to crumble and decay."
While Americans continue to wait for any actual legislative proposals that put the details to Trump's plan -- at this point, all we've heard is that it will be $1 trillion infrastructure package to fix the nation's crumbling bridges, roads, pipelines, water systems, etc. -- he seems confident that whatever bill his administration eventually crafts will be met with bipartisan support. If he's right, it could be great for investors who hold these two stocks: United Rentals (NYSE: URI) and US Concrete (NASDAQ: USCR).
United Rentals, as the name would suggest, is the world's largest equipment rental company, with a store network roughly three times the size of the next closest provider, boasting locations in 49 states as well as 10 Canadian provinces. As investors would expect, United Rentals thrives when construction and infrastructure industries are booming due to the specialized nature of the industrial equipment it offers. The good news is that America's infrastructure needs help, and Trump's potential infrastructure package could lead to that help arriving sooner rather than later. But IHS Markit predicts solid growth for its segment over the next few years regardless.
Source: Fool.com
Meta Platforms Inc. Stock
With 7 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 500 € there is a slightly positive potential of 6.0% for Meta Platforms Inc. compared to the current price of 471.7 €.