Energy
Transportation Companies Expect Huge Stimulus Windfall
Published:
Last Updated:
New research indicates that transportation companies will benefit the most from the government’s huge stimulus investment in infrastructure. According to a new ChangeWave survey of 313 people who work for companies involved with infrastructure projects done between September 29 and October 5, alternative energy will be that other sector that will do well because of federal investment in new products.
Fifty-six percent of those surveyed believe that
transportation infrastructure will see the largest benefit and 43% picked alternative energy projects. The poll also noted that water infrastructure has experienced the largest increase since the previous survey in March — jumping 10 points to 21%.
When ChangeWave asked industry respondents about the current availability of stimulus funds. Forty-one percent said availability is greater than it was 6 months ago and only 12% said that stimulus funds are less available than before.
Based on the findings of the poll, ChangeWave suggested that some of the beneficiaries of the trends might be Caterpillar (NYSE:CAT), Fluor (NYSE:FLR), Siemens (NYSE:SI), GE (NYSE:GE), and Johnson Controls (NYSE:JCI).
Douglas A. McIntyre
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
