3 Infrastructure Stocks to Buy Right Now
Infrastructure is a fairly broad category, but it basically includes the major assets that make everyday life possible. Such assets, which can be anything from toll roads to pipelines, generally cost huge amounts to build (and buy), and generate regular and dependable cash flows for years or even decades. For income investors, it is a very attractive area of the market. These three infrastructure giants are worth a close look today: Brookfield Infrastructure Partners (NYSE: BIP), Enbridge (NYSE: ENB), and Kinder Morgan (NYSE: KMI).
In football, you "punt" when you want to play it safe. That's an appropriate way to view Brookfield Infrastructure Partners. This roughly $17 billion market cap company owns a collection of assets that includes natural gas pipelines, energy storage, electricity transmission assets, railroads, toll roads, ship terminals, and data centers, among other things. Not only does it have an incredibly diverse portfolio of assets, but it also spreads its bets globally, with 30% of its business located in North America, 25% in South America, 20% in Europe, and 25% in Asia and Australia. It's basically a one-stop shop for investors looking to get into the infrastructure space.
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Source Fool.com
