Updated: October 26, 2016
No matter who wins the November election, infrastructure stocks should get a bounce. We’ll talk best plays in a minute – but first, let’s recap the rhetoric.
Clinton says she’ll push for a five-year $275 billion plan that, with loans and leverage, would total up to $500 billion. Trump says he’ll double that.
Of course I wouldn’t buy any stock based on a politician’s promise alone. But many industrial companies pay yields at the high end of their historical averages. Some are compelling values, especially when you consider that the global manhunt for yield has driven most payout percentages down near multi-year lows rather than highs.… Read more