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The U.S. government is allowing American infrastructure to crumble before our eyes.
It's been frustrating to watch. But it's only a matter of time before Congress gets its act together.
And when it does, this top infrastructure stock could skyrocket. In fact, analysts are already projecting a 93% share price gain over just the next 12 months...
Why Congress Will Have to Break the Bank on Infrastructure
Infrastructure spending is something politicians love to talk about during election season. After all, infrastructure spending creates jobs, raises the tax rolls, and makes life a little easier for all of us.
But if you've flown into either of the New York City airports or ridden Amtrak from Washington, D.C., to Boston, you know the talk stops when the election is over.
We have driven from Orlando to South Texas several times in the last few years, and I can tell you that parts of I-10 through the South feel more like a wagon path than a modern highway.
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Every four years, the American Society of Civil Engineers puts out a report that grades U.S. infrastructure. It look at roads, bridges, airports, railroads, water system, the electrical grid, and other essential infrastructure here in the United States. The latest report was out last year, and to our national disgrace, we got a D+ for the condition of our overall infrastructure here in the United States.
The report is depressing to read. There were 240,000 water main breaks in the United States last year. 15,500 dams across the country are considered to be in hazardous conditions. 640,000 miles of high-voltage electrical lines aren't at full capacity. One out of every five miles of highway pavement are in poor condition. More than 56,000 bridges are structurally deficient. It reads more like a report from some backwater third-world nation and not the United States of America.
The simple reality is that the repair and replacement projects for our roads, water systems, electrical grid, bridges, and other critical infrastructure needs to be done, and it needs to be done sooner rather than later.
The problem is that politicians are involved, and it is easier to talk about fixing things than it is to actually spend the money. Far better to waste the money on failed social projects and meaningless little wars that keep the voting bases in line.
But rest assured, the day of reckoning is coming...
With each new train derailment, dam collapse, failed water pipe, and angry commuter with a blown tire caused by horrible road conditions, it comes closer to the day congressmen will release the purse strings. At least, that'll be the only way they'll keep their jobs.
And when that happens, the best infrastructure stocks, like this one, will be soaking in this fountain of money.
Plus, this particular stock just flashed this major "buy" signal...
This Is One of the Best Infrastructure Stocks You Can Buy
About the Author
Tim Melvin is an unlikely investment expert by any measure. Raised in the "projects" of Baltimore by a single mother, he never attended college and started out as a door-to-door vacuum salesman. But he knew the real money was in the stock market, so he set sights on investing - and by sheer force of determination, he eventually became a financial advisor to millionaires. Today, after 30 years of managing money for some of the wealthiest people in the world, he draws on his experience to help investors find "unreasonably good" bargain stocks, multiply profits, and build their nest eggs. Tim tirelessly works to find overlooked "hidden gems" in the stock market, drawing on the research of legendary investors like Benjamin Graham, Walter Schloss, and Marty Whitman. He has written and lectured extensively on the markets, with work appearing on Benzinga, Real Money, Daily Speculations, and more. He has published several books in the "Little Book of" Investment Series and a "Junior Chamber Course" geared towards young adults that teaches Graham's principles and techniques to a new generation of investors. Today, he serves as the Special Situations Strategist at Money Morning and the editor of "Max Wealth" and Heatseekers.