Electrical Infrastructure Stocks Off to a Good Start in 2021

The Biden Administration’s proposal for a federal infrastructure bill contains proposals that could create billions of dollars in demand for electrical construction products and services, including a nationwide network of electric vehicle charging stations; the revitalization of the nation’s electrical grid; expansion of high-speed broadband access to underserved rural and urban areas; and the renovation of highways, schools and universities, commercial buildings, airports and ports. The chart below highlights the year-to-date increases in share prices for publicly held electrical manufacturers, contractors and distributors with a major focus on infrastructure.