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The Senate passed a bipartisan infrastructure bill on August 10, and House Speaker Nancy Pelosi, D-Calif., said on August 24 that she is “committing to pass the bipartisan infrastructure bill by September 27.” This is expected to drive the demand for industrial goods.
Given this backdrop, we think it could be wise to bet on quality industrial goods stocks Agilent Technologies, Inc. (A) and National Instruments Corporation (NATI). They have an overall A (Strong Buy) rating in our proprietary POWR Ratings system.
