A group of multicolored elevators at United Rentals.
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This week, UBS released a comprehensive guide to investing in President Joe Biden’s massive infrastructure proposal, with stock selections and guidance for analysts.
Entitled “Rethinking Infrastructure,” the UBS guide predicts that the final size of the American Jobs Plan will be much smaller than its current $ 2 trillion, but it should nevertheless act as a backward wind of action. cyclical.
“Economically sensitive value stocks should gain momentum as investors re-evaluate their future profit and valuation potential, while higher rates would be a headwind for growth stocks,” he wrote. the UBS investment strategy team.