Investing: Smart Global Infrastructure PlaysDavid Bogoslaw
Investors in infrastructure are taking a broader view of the kinds of stocks they want to own these days. That's partly in response to the slow pace at which U.S. government stimulus money is being funneled into public projects. It's also attributable to fund managers' hunger for stocks with more predictable cash flow and earnings prospects that are less tied to the strength of the economy overall—in other words, companies that enjoy a monopoly on facilities and services that get paid no matter how poorly the economy is doing.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Smartphones Are Killing Americans, But Nobody’s Counting
- Why a Pub in the Middle of Nowhere Was Named the World’s Best Restaurant
- Gulf Coast Oil Spill May Be Largest Since 2010 BP Disaster
- Marc Faber Asked to Leave Sprott Board After Racist Report
- Airbus Snaps Up Bombardier Jet in New Challenge to Boeing