Stock Power Daily — Buy Into America’s Multitrillion-Dollar Construction Boom

Stock Power Daily: March 8, 2023. [Turn Your Images On] [Buy Into America’s Multitrillion-Dollar Construction Boom]( - Construction is big business and it takes heavy equipment to make that business successful. - The global construction equipment market will expand by 67.6% from 2020 to 2030. - Today’s Power Stock sells and rents this kind of equipment to companies around the U.S. It scores a 91 out of 100 on our Stock Power Ratings system. [Turn Your Images On] [Matt Clark, Research Analyst]( America is building. Everywhere I go in South Florida, I see massive cranes swinging steel frames into position, or trucks hauling away dirt as companies lay the foundation for a new apartment building or entertainment bloc. And maybe you’ve noticed it in your own area too. The Department of Commerce estimates U.S. construction spending hit $1.82 trillion in January. That’s down slightly from December, but it’s still 5.7% higher than the same month last year. It indicates a steady stream of outlays for construction projects across the country. In order to complete these projects, contractors need reliable heavy equipment — such as earthmovers, backhoes and forklifts. Research firm Precedence Research projects the global construction equipment market will reach a value of $234.6 billion by 2030: [Turn Your Images On] [(Click here to view larger image.)]( That’s 58% growth from where the market was at the end of last year. Today’s Power Stock is a heavy equipment provider for the construction industry that has just pushed into mid-cap territory. [Click here to see why this stock is set for more success from here.]( [Turn Your Images On]( --------------------------------------------------------------- [Turn Your Images On]( From our Partners at Porter & Co.. [New documentary]( exposes the most terrifying political plot in decades: [THE FOREVER TERM]( Biden’s next move will stun millions of Americans, send shockwaves through the financial system, and create devastating losses for unprepared investors. [Click here to stream this new documentary for free.]( --------------------------------------------------------------- If You Were Born Before 1970, You Need to See This Chart [Turn Your Images On] [Michael Carr, Editor, The Banyan Edge]( The unemployment rate will be released on Friday. It's likely to be low by historic standards. One reason unemployment is low is because many people aren't in the workforce: - Hundreds of thousands of older workers decided not to return to their jobs after the pandemic. - Women of all ages are finding child care to be unaffordable and are being forced out of the workforce. These are just two examples. But missing from the discussion is the fact that young people aren't getting jobs like they did 40 years ago. Just 56.5% of people between the ages of 15 and 24 are in the workforce. Many are in school, but 40 years ago, it was common to work while also pursuing higher education. Throughout most of the 1980s, at least 68% of individuals in this age group worked. You can see that peak in the chart below. Attending college doesn’t cover the whole spectrum of this phenomenon. Young people just aren't getting jobs. Bottom line: This needs to change, for their sake and the good of the country, because jobs early in life build habits that lead to success later in life. [Turn Your Images On] [(Click here to view larger image.)]( --------------------------------------------------------------- Check Out the Latest From Stock Power Daily: - [IS AI THE NEXT BIG THING? WHAT STOCK POWER RATINGS SAYS…]( - [GOVERNMENTS NEED RELIABLE TECH INFRASTRUCTURE — SAIC PROVIDES IT]( - [MIKE CARR’S CHARTS OF THE WEEK]( Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: [( Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2023 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: [Click here to Unsubscribe](