These stocks will benefit from Biden’s infrastructure bill

All eyes are on “infrastructure stocks” this morning as U.S. President Joe Biden is only hours away from signing the $1.0 trillion infrastructure bill into law.

How to play the infrastructure space?

According to Thompson Research Group’s Kathryn Thompson, companies in the construction materials space could be a notable beneficiary of the new infrastructure bill. On CNBC’s “Worldwide Exchange”, she said:

A few names that she particularly expects to benefit from the infrastructure bill include Summit Materials, Vulcan Materials, and Martin Marietta. All three of her stock picks have had a fantastic run this year, but Thompson is convinced that today’s big event will clear way for a further rally up.

What other names does she like in this sector?

On top of these, Thompson named Arizona-based WillScott Mobile Mini Holdings Corp as one of her “best ideas” for investors interested in playing the infrastructure space. She added:

Other names she likes in this sector include the water infrastructure company Core & Maine Inc that went public earlier this year and is now up nearly 30%.