Infrastructure Could Be a good Play After Midterm Elections - TheStreet

Watch Infrastructure Related Stocks After Midterm Elections

Both parties seem to agree on infrastructure.
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Infrastructure related stocks could very well emerge as movers after the midterm elections. 

"Infrastructure, I would say, is certainly one {sector} that's very interesting," JJ Kinahan, Chief Market Strategist at TD Ameritrade said. He added, "A lot of what we thought might happen from the tax cuts -- a lot of that money still hasn't been spent." 

"I think there was this feeling that there might be more spending on infrastructure." Spending on big infrastructure projects is something both parties seem to be in agreement on. He noted that there have been some macros economic headwinds for companies to spend on those types of projects, leaving "a pent up demand, if you will, to spend money on infrastructure," Kinahan said. 

The SPDR S&P Global Infrastructure ETF (GII) - Get Report has actually trailed the broader market's slight recovery. The ETF is up 1.51% in the past five days, excluding Monday, while the S&P 500 is up just around 3% in that same span. Are share prices in infrastructure ripe for buying if investors believe the sector will do well? It may not yet be entirely clear yet, but of course Kinahan notes the sectors is "interesting." 

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