The US plans to spend $1.2 trillion on infrastructure, with 80% unallocated, potentially benefiting ETFs like BLD, IYJ, and LIT.
The U.S. is expected to spend $1.2 trillion on infrastructure, with 80% of funds yet to be allocated. Investors can capitalize on this by considering ETFs leveraged to industrial, materials, and electrification stocks. The Invesco Building & Construction ETF (NYSEARCA: BLD), iShares U.S. Industrial ETF (NYSEARCA: IYJ), and Global X Lithium & Battery Tech ETF (NYSEARCA: LIT) are highlighted as potential beneficiaries of infrastructure spending.
April 21, 2024
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