Thursday, November 4, 2021

Buy and Hold One Stock as $1.75T Infrastructure Bill Looms

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Investing With Charles

Buy and Hold One Stock as $1.75T Infrastructure Bill Looms

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Charles Sizemore,
Co-Editor, Green Zone Fortunes

The country’s crumbling infrastructure has been a political issue all year, but some new developments are promising.

Instead of one massive bill, we now have two — one built around social spending and the other focused on infrastructure.

This presents intriguing investment opportunities. In today’s Investing With Charles, research analyst Matt Clark and I discuss infrastructure plays that will lead to major gains with the passing of the new bill.

Click here to see why one stock is a top buy-and-hold candidate for years to come.

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Infrastructure Bill Moves Through Congress

Matt: Today, we're talking about infrastructure. It’s not the sexiest of topics, but it is starting to materialize. The infrastructure deal is slowly slogging its way around the Potomac in Washington and could become reality at some point, maybe in the next 30 days.

Charles: I feel like we've been talking about this for a year now. Fingers crossed.

Matt: We have two bills here: a $1.5 trillion social spending bill and a $1.75 trillion infrastructure bill.

They were once together in a single bill. Now, they're separate, but they are moving through Congress together. The House hopes to vote on both of these by the end of this week. Then it will move over to the Senate, where it faces a whole myriad of issues that we won't get into today.

We see some shortfalls with a lot of infrastructure spending. There is a $2.5 trillion funding gap between what we have funded already and the needs by 2029.

And that presents lucrative plays for investors.

Click here for more in this week’s Investing With Charles.

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