These Top Infrastructure Stocks are Just Starting to Pivot Higher

They're a hot topic around election season They're a hot topic around election season                                                                                                      [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here.  Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, On Sunday, April 28, we noted: With elections nearing, one of the hot topics will be infrastructure. That’s especially true after the bridge collapse in Baltimore. should we hear more about it heading into the elections, you may want to consider infrastructure stocks like Martin Marietta (SYM: MLM), Vulcan Materials (SYM: VMC), Caterpillar (SYM: CAT), and ETFs such as the iShares U.S. Infrastructure ETF (SYM: IFRA).” Since they opened for trading again on April 29, most are doing well so far. --------------------------------------------------------------- Company: Vulcan Materials (SYM: VMC) Look at Vulcan Materials (SYM: VMC), for example. Since April 29, it ran from a low of about $259.84 to a recent high of $273.18. From here, we’d like to see it retest $275 near term. Helping, earnings were solid. Its first quarter EPS of 80 cents beat by three cents. And while its revenue of $1.55 billion was down 6.1% year over year, it did beat by $40 million. --------------------------------------------------------------- Sponsored[Has Jeff Bezos Found the Next Nvidia?]( If you’ve sat back and watched companies like Nvidia and AMD soar over 2,000% over the past several years… And turn $5,000 into $105,000 And wondered what was next… You need to listen very closely… It has nothing to do with A.I. ChaptGPT software out there… Instead, it’s a technology that’s going to prove to be far more disruptive… [Click Here for Full Details.]( --------------------------------------------------------------- Companies: Caterpillar (SYM: CAT), Martin Marietta (SYM: MLM) Caterpillar (SYM: CAT) slipped since we mentioned in on April 28. However, it’s technically oversold, and could soon refill its bearish gap around $360 near term. Martin Marietta (SYM: MLM) also slipped. Now consolidating at around $591, we’d like to see it break higher and test $620. --------------------------------------------------------------- Sponsored[Bitcoin: $250,000!?]( 100,000 people became millionaires during Bitcoin’s last bull market. If you missed out… You have a second chance. 2024 is set to be Bitcoin’s biggest year ever. That’s according to legendary crypto millionaire James Altucher… The man who first called Bitcoin back in 2013 when it was trading for just $100 per coin. That year, an unusual pattern sent Bitcoin up 8,361%. It’s predicted every millionaire-making breakout ever since. It's possible we could see Bitcoin soar to $150,000 … even $250,000 or higher. But if you want your chance at the biggest gains… Bitcoin is probably the last investment you should make. [To see what the smart money is buying instead, click here.]( --------------------------------------------------------------- ETF: iShares U.S. Infrastructure ETF (SYM: IFRA) As for the IFRA ETF, it ran from $42.70 to $42.88 so far for a whopping gain of 18 cents. But give this one time, too. With the elections nearing, and billions needed to repair infrastructure, we’d like to see the ETF closer to $50 a share. --------------------------------------------------------------- [Free trades! Delivered Right to Your Inbox]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades]( Are you currently invested in any infrastructure stocks or ETFs? Do you have your eye on any we might have missed? Hit "reply" to this email and let us know! Our mailing address is: Behind the Markets, LLC 4260 NW 1st Avenue, Suite 55 Boca Raton, FL 33431 Copyright © 2024 Behind the Markets, LLC, All rights reserved. You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our [Privacy Policy]( or our [Legal Notices.]( [Behind the Markets](  [Unsubscribe]( Â