3 Infrastructure Stocks to Buy Hand Over Fist in March

Group 1: Infrastructure Spending Trends - The combination of the $1 trillion U.S. infrastructure bill and global infrastructure needs will lead to ongoing spending, benefiting companies involved in this sector [1] - The electrification trend globally will increase demand for copper, which is essential for infrastructure projects like electric vehicles and renewable energy [4][5] Group 2: Company Insights - Trimble - Trimble is transforming infrastructure management through positioning and workflow technology, enhancing decision-making and reducing waste [2] - The shift towards software and services is improving Trimble's profit margins and cash flow potential, with a projected mid-teens growth in annualized recurring revenue (ARR) [3] Group 3: Company Insights - Freeport-McMoRan - Freeport-McMoRan is well-positioned to meet the increasing demand for copper due to its expansion projects and low-cost production capabilities [5] - The company is expected to benefit from rising copper prices driven by infrastructure spending and electrification trends [5] Group 4: Company Insights - Atkore - Atkore's revenue is influenced by raw material prices, with significant fluctuations observed in recent years [6] - Despite a decline in EBITDA due to falling prices, improvements in sales volumes and cost management indicate potential for future earnings growth [6][7] - Rising infrastructure spending is expected to positively impact Atkore's sales volumes, suggesting a favorable outlook for the company's earnings [7]