These ETFs are winners if Biden’s infrastructure plan is handed, Financial institution of America says

A Skanska AB development employee guides a crane carrying lumber as a concrete growth pours concrete on the Sixth Road Viaduct substitute challenge in Los Angeles, California, U.S. on Tuesday, April 6, 2021. Bing Guan | Bloomberg | Getty Pictures President Joe Biden’s bold infrastructure package deal may spell massive upside for a handful of


A Skanska AB development employee guides a crane carrying lumber as a concrete growth pours concrete on the Sixth Road Viaduct substitute challenge in Los Angeles, California, U.S. on Tuesday, April 6, 2021.

Bing Guan | Bloomberg | Getty Pictures

President Joe Biden’s bold infrastructure package deal may spell massive upside for a handful of exchange-traded funds with publicity to the semiconductor, well being care and industrials sectors, Financial institution of America informed its purchasers.

ETF strategist Jared Woodard wrote that the top of the Covid-19 pandemic and Biden’s $2 trillion infrastructure plan are anticipated to spark a “growth” in capital expenditures as firms construct new factories and vegetation within the U.S.

That, in flip, will profit a bunch of sectors concerned within the development of roads and bridges, the growth of broadband entry and the manufacturing of electrical autos, Woodard added.



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