Top 3 Biden Infrastructure Plan Stocks: The American Jobs Plan

Biden’s infrastructure plan is creating excitement. It would create jobs and hopefully give the U.S. economy a boost. Its proposed amount is $2.25 trillion! And investors want to know where to put their money to benefit. Here is a list of the top three stocks for Biden’s infrastructure plan.

But first… what is it?

The American Jobs Plan

On March 31, 2021, the White House released a statement about the American Jobs Plan. Its focus is rebuilding U.S. infrastructure, creating jobs and positioning the country to compete with China, according to the statement. It also claims the American Jobs Plan will be a type of investment not made since the interstate highway system or space race.

What Will It Do?

The statement lists all of the ways Biden intends the plan to help the U.S. and its citizens:

1. Fix highways, rebuild bridges and upgrade ports, airports and transit systems
2. Deliver clean drinking water, a renewed electric grid and high-speed broadband to all Americans
3. Build, preserve and retrofit more than 2 million homes and commercial buildings, modernize our nation’s schools and child care facilities, and upgrade veterans hospitals and federal buildings
4. Solidify the infrastructure of our care economy by creating jobs and raising wages and benefits for essential home care workers
5. Revitalize manufacturing, secure U.S. supply chains, invest in R&D and train Americans for the jobs of the future
6. Create good-quality jobs that pay prevailing wages in safe and healthy workplaces while ensuring workers have a free and fair choice to organize and join a union and bargain collectively with their employers.

Where Will the Money Go?

The Biden administration is asking for $2.25 trillion. Here’s a breakdown:

• $621 billion for transportation projects, including repairing 10,000 bridges, modernizing roads, airports and 20,000 miles of highways, and building a network of 500,000 electric vehicle chargers by 2030
• $400 billion for long-term care facilities for the elderly and disabled
• $300 billion to boost manufacturing and make the U.S. less reliant on China, including strengthening the chip supply chain
• $213 billion to build and update affordable housing
• $100 billion to modernize schools
• $100 billion to bring high-speed broadband to all Americans

If the American Jobs Plan is approved, it looks like the government will be putting a lot of money into the economy. But of course, as an investor, you’re wondering, what can you do? To start, check out the three stocks for Biden’s infrastructure plan below. They should see higher returns, and they come from investing experts.

Also, are you looking for more investment opportunities? Then you’re in the right place. Sign up for our free Investment U e-letter! You’ll receive valuable tips and research from investing experts, such as the ones who give you these top three stock recommendations below.

Top Three Biden Infrastructure Plan Stocks

Vulcan Materials Company (NYSE: VMC)

Bryan Bottarelli is the Monument Traders Alliance’s Head Trade Tactician. In his article “Equal to 18 Years of Apple Sales (Crazy Stat Revealed),” Bottarelli breaks down the $2.25 trillion to show readers how much money it truly is. But he also recommended two plays for investors.

The first is Vulcan Materials. Based in Birmingham, Alabama, Vulcan has been around since 1909. It produces, distributes and sells construction materials. And since that’s a primary goal of the American Jobs Plan, Vulcan Materials could be well-positioned to benefit.