After CAT's Roar: The 3 Best Infrastructure Stocks to Buy Now

As of last November, the Biden administration had disbursed $306 billion of the more than $850 billion in Infrastructure Investment and Jobs Act funds. Moreover, the think tank reported, “80% of all competitive funding (was) still left to be awarded.” Nonetheless, Caterpillar’s (NYSE:CAT) impressive fourth-quarter results, reported on Feb. 5, indicate that infrastructure stocks can benefit from Washington’s infrastructure spending spree. Also importantly, the price-earnings ratios of many firms in the secto ...