Since the $1 Trillion Infrastructure Plan was signed into law, interest in infrastructure stocks has surged. The plan calls for greater government spending on road, bridge, and airport reconstruction, among other things. Hundreds of billions of dollars are being set aside to improve high-speed broadband access across the country. The White House’s infrastructure proposal includes tax benefits for chipmakers operating in the United States. Apple and Tesla are two of the best stocks to buy to benefit from the plan. Certain infrastructure firms trading below $10 could be a solid buy for savvy investors.
Here is Insider Monkey’s list of the 10 infrastructure stocks to buy under $10. Cementos Pacasmayo S.A. is a Peruvian cement firm. It was created in 1949 and has a $544 million market capitalization. The stock’s 52-week price range is between $5.1 and $9.5. Perma-Pipe International Holdings, Inc. surpassed earnings per share forecasts by $0.38 in the second quarter. Revenue was close to $40 million throughout the period, growing 95 percent year over year. DIRTT Environmental Solutions Ltd. has a market capitalization of $203 million and had revenue of $117 million last year. Construction solutions for walls, ceilings, and floors, as well as pipe systems and network infrastructure, are among the firm’s services. Hill International, Inc. is a company that specializes in project and construction management. The stock’s 52-week price range is between $1.6 to $3.3. The company has a market capitalization of $119 million and had revenue of $296 million last year. Alex Rygiel of B Riley has a Neutral rating on Orion Group Holdings, Inc. with a $4.50 price target. For more details, click 10 Infrastructure Stocks To Buy Under $10.
Unsplash
