3 Stocks Set to Profit From Booming Infrastructure Investment
President Biden's Infrastructure Investment and Jobs Act was officially signed into law this week, adding billions of dollars in fuel to the growth of America's renewable energy economy. For some companies operating in this nascent market, that surge of funding could be just the support they need to take their products mainstream.
We asked three of our Foolish contributors to pick a stock that they think will make particular headway thanks to this infusion of renewable energy money. Their choices -- all leaders in specific green energy niches -- were Bloom Energy (NYSE: BE), Proterra (NASDAQ: PTRA), and ChargePoint Holdings (NYSE: CHPT). Here's why they think these companies are well-positioned to be beneficiaries of the boom in green energy investment.
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Source Fool.com
