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federal construction projectsInvestor's Business Daily
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78% Informative
A factory boom is emerging after years of structural decline.
Efforts are underway to strengthen domestic manufacturing chains and modernize public infrastructure.
Together, these trends have fueled massive gains for heavy engineering and construction stocks.
Much of the ballyhooed infrastructure spending has not yet turned into construction awards or wins.
Contractors remain extremely bullish about data centers and power plants.
Hopes are high for factories and hospitals in the private sector, but not so much for shops and offices.
Infrastructure spending has been another major growth driver for Fluor , Quanta and other heavy construction stocks.
Morningstar analyst Krzysztof Smalec expects favorable infrastructure trends to continue.
Argan is the group's highflier, riding a 12-month gain of 277% . Argan touts expertise in constructing facilities for natural gas and renewable energy.
Earnings and sales growth is mostly solid across the construction stocks group.
VR Score
83
Informative language
90
Neutral language
31
Article tone
formal
Language
English
Language complexity
59
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
10
Affiliate links
no affiliate links