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Industry Focus

Energy: Biden’s Infrastructure Proposal

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 8 April 2021

⏱️ 27 minutes

🧾️ Download transcript

Summary

Jason Hall joins the show to break down President Biden’s infrastructure plan, discuss potential winners and losers, and how to think about legislative action when establishing an investment thesis.

Stocks Mentioned: VMC, NVEE, STLD, BRK-A, BRK-B

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Transcript

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0:00.0

Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day.

0:11.0

I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyple. I'm Dylan Lewis. And today

0:16.0

we're talking financials. Today we're talking consumer goods. Wild Card Wednesday.

0:20.6

And we're talking energy. And today we're talking tech.

0:23.0

Let's dive in.

0:24.0

Welcome to Industry Focus.

0:28.0

I'm Nick Saipel and it's Infrastructure Week on the podcast.

0:31.0

Jason Hall joins me to take a look at President

0:33.5

Biden's infrastructure proposal and what it might mean for investors. Jason

0:37.6

welcome back on the show. It's great to be on and it's

0:40.8

interest it's infrastructure week right here but it's been infrastructure week in Congress for about 30 years I think.

0:46.0

Yeah, it's a meme at this point of it's always infrastructure week, lots of proposals.

0:51.0

It's been a topic of conversation, conversation Jason to your point for a long time

0:54.9

We've talked about a number of a number of companies on this show infrastructure type companies

1:00.4

They've heard us say Brookfield infrastructure partners a bunch of times we may talk

1:04.5

about that company later but before we get into the president's proposal the numbers

1:08.6

involved there why is infrastructure something that we've been talking about for so long even before this proposal came down the pike?

1:14.8

Because it's deteriorating in the developed world, especially in the US, you look at

1:21.2

the American Society of Civil Engineers and they release every year or two they

1:25.7

released this this scorecard right the report card for America's

1:29.9

infrastructure and it was a C minus last time around and that was actually better but it's just

1:36.0

so just a couple of crazy statistics right so they say a water main breaks somewhere in the

...

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