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2 Infrastructure Stocks to Buy on the Dip By StockNews

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© Reuters. 2 Infrastructure Stocks You Can Buy at the Dip

Although the vote for the infrastructure bill was delayed by the Senate, the analysts are optimistic that it will pass. The infrastructure sector will grow rapidly as the economy improves. It could make sense to place your bets on infrastructure stocks like Terex (NYSE ) and CRH plc, which trade below 52-week highs. However, they have the potential for significant ROI in near future. The vote on the $1 trillion-plus bipartisan infrastructure bill has been delayed by Nancy Pelosi, House Speaker, and her leadership team. Democrats are still divided about a larger, but more politically connected, spending measure. If passed, this spending will significantly boost the infrastructure sector’s growth.

The infrastructure industry is predicted to continue growing in the coming months, despite the fact that roads, ports and railways as well as internet infrastructure require constant maintenance and development.

CRH plc and Terex Corporation are quality infrastructure stocks with solid upsides, but trading below their 52 week highs. These stocks could make a good addition to your portfolio.

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