With the presidential election just months away, one of the hottest topics will be the nation’s infrastructure – especially after the bridge collapse in Baltimore, Maryland.
That bridge collapse also ignited calls to fix many of America’s aging bridges. In fact, according to Mary Kane, president and CEO of the Maryland Chamber of Commerce, “This event has underscored the crucial role that our nation’s infrastructure plays in supporting the daily lives of our citizens and the smooth functioning of our economy.”
One of the top infrastructure stocks that could benefit is Vulcan Materials (SYM: VMC) – a key supplier of construction aggregates.
“We expect pricing momentum and operational execution will lead to attractive expansion in aggregates unit profitability, regardless of the macro demand environment,” CEO Tom Hill said, as quoted by Reuters. All as the U.S. moves to upgrade transportation and non-residential projects as part of the $1 trillion infrastructure package.
