Bearish on Infrastructure stocks

[avaritia]

In his latest video, Jim Jubak says it all. The latest infrastructure plan from the white house is allocating only about $30 billion on traditional infrastructure. So traditional stocks like caterpillar have a good chance of not benefiting much from the stimulus package... It might be better to look at the non-traditional infrastructure stocks that Jubak mentioned....

[Fredledingue]

Not true. $360 bln will be invested in infrastructures.
The fact that most of these projects won't be road bridges and railway tracks, doesn't mean it will be light works not requiring heavy machinery.

[aquaswim47]

Originally Posted by avaritia

In his latest video, Jim Jubak says it all. The latest infrastructure plan from the white house is allocating only about $30 billion on traditional infrastructure. So traditional stocks like caterpillar have a good chance of not benefiting much from the stimulus package... It might be better to look at the non-traditional infrastructure stocks that Jubak mentioned....

Agreed. It's too bad the Democrat supporters don't see that. They don't want to look at reality only picking on Republicans for our tax cut philosophy. I think that if the stimulus is signed, it should go towards infrastructure or towards a lowering of the tax rates (not a check in the mail and not a transfer payment). In other words, it should be spent to create jobs, not spent as in going towards spending that doesn't result in additional jobs. I guess that makes me a moderate because I can see the flaws in how it is spent, rather than simply demanding a tax cut. Also, in regards to aid to the states, some states will spend it well while others will waste it. Government waste is live and well. For $400 billion, he should be able to create 5+ million jobs and that still is $80,000 per job.