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Further, the industry received a boost last month when President Biden reached an agreement with a bipartisan group of U.S. senators on a $1.2 trillion infrastructure spending proposal. So, the industry should remain in focus as the Senate works to pass the bill.
Given this backdrop, we think it could be wise to bet on fundamentally sound infrastructure stocks Owens Corning (NYSE:GLW) (OC), Louisiana-Pacific Corporation (LPX), Apogee Enterprises, Inc. (APOG), Quanex Building Products Corporation (NX), and BlueLinx Holdings Inc. (BXC). They each have plenty of upside to deliver.
