One thing is for sure: regardless of who captures the White House in November, both of the nominees have stated that rebuilding the U.S. infrastructure will be a major item on their agenda, and with good reason. While many projects have been completed over the past eight years, major works projects are in the queue, and the top companies that work in rebuilding public infrastructure may be outstanding growth plays.

In a new research report, Deutsche Bank agrees that regardless of the eventual winner, large sums will be directed to fix the electric grid, roads and bridges, airports, and countless other projects. The focus was on three top stocks rated Buy that could makes sense for long term investors.

AECOM

Deutsche Bank loves this company’s exposure to infrastructure projects and the free cash flow. AECOM (NYSE: ACM), together with its subsidiaries, engages in designing, building, financing and operating infrastructure assets worldwide. The company operates through three segments.

The Design and Consulting Services segment provides planning, consulting, architectural and engineering design, program management and construction management services for industrial, commercial, institutional and government clients, such as transportation, facilities, environmental and energy/power markets.

The Construction Services segment offers building construction and energy, as well as infrastructure and industrial construction services. The Management Services segment provides program and facilities management and maintenance, training, logistics, consulting, technical assistance and systems integration and information technology services primarily for agencies of the U.S. government and other national governments.

The analyst feels the company’s accelerating backlog growth is an impressive arrow in a solid corporate quiver.

The Deutsche Bank price target for the stock is $38, and the Wall Street consensus target is $36.50. Shares closed Friday at $30.66.

Chicago Bridge & Iron

This top stock is down big since May and could be offering investors an outstanding entry point. Chicago Bridge & Iron Co. N.V. (NYSE: CBI) provides conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management and environmental services worldwide.

The company’s Engineering, Construction and Maintenance segment offers engineering, procurement and construction services for energy infrastructure facilities, as well as comprehensive and integrated maintenance services. Its projects include nuclear, fossil and renewable electric generating plants for the power industry, as well as upstream and downstream process facilities for the oil and gas industry.

Deutsche Bank sees the stocks as a very solid value call, and they feel many on Wall Street don’t appreciate the company’s cash generating ability. The analyst also see liquefied natural gas (LNG) projects, momentum in the petrochemical arena and a general malaise toward the stock as adding to the overall value.

Shareholders are paid a 0.95% yield. The Deutsche Bank price target is set at $43, and the consensus is posted at $41.79. The shares closed Friday at $29.73.

Quanta Services

This company could benefit from utilities shifting their capital expenditure priorities. Quanta Services Inc. (NYSE: PWR) provides specialty contracting services to the electric power, and oil and gas industries in North America and internationally. The company operates through two segments.

The company’s Electric Power Infrastructure Services segment provides network solutions comprising design, installation, upgrade, repair and maintenance of electric power transmission and distribution infrastructure, and substation facilities. It also provides emergency restoration services, including the repair of infrastructure. In addition, this segment designs, installs and maintains renewable energy generation facilities comprising solar, wind and various types of natural gas generation facilities, as well as related switchyards and transmission infrastructure to transport power; and commercial and industrial wiring. Further, it installs traffic networks; cable and control systems for light rail lines; and ancillary telecommunication infrastructure services.

Quanta Services Oil and Gas Infrastructure Services segment provides network solutions to customers involved in the development and transportation of natural gas, oil and other pipeline products. Its services include the design, installation, repair and maintenance of pipeline transmission and distribution systems, gathering systems, production systems and compressor and pump stations, as well as related trenching, directional boring and automatic welding services.

The Deutsche Bank price target is posted at $29, while the consensus is at $27.20. The shares closed the day last Friday at $26.16.

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These are three top plays for an infrastructure boom that should come regardless of who wins in November. While it could be as late as 2018 before big projects roll out, they will be coming. That’s almost a given based on the respective nominees rhetoric.

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