The U.S economy could grow significantly in the near term, driven by potential multi-trillion-dollar government infrastructure spending and a continuing low-interest-rate environment. Accordingly, the share of Steel Dynamics (NASDAQ:), Exelixis (NASDAQ:), and Conn’s, Inc. (CONN), which possess solid growth attributes, could be the right picks now. Read on.President Biden’s ambitious multi-trillion-dollar infrastructure spending plan is getting closer to becoming a reality. Chuck Schumer, the Senate Majority Leader, commented on the current status of the bill. “There was unanimous agreement in that room, that we must come to an agreement. We want to get that done this week.” Its massive federal spending should be a boost for the entire economy, if it is passed.

Additionally, the number of jobless claims is on the decline. Two consecutive weeks of weekly jobless claims fell to an all-time low, akin to the pandemic. The unemployment rate has fallen by 10 percent since its April peak. Slowly, the U.S. labor market is returning to pre-pandemic levels.

And the stock market has been performing well, with the S&P and the Dow Jones gaining more than 5% for the month and rallying to fresh highs last week. We believe that stocks with high growth potential, Steel Dynamics, Inc., Exelixis, Inc., (EXEL), or Conn’s, Inc., (NASDAQ:) are ideal investments now.

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