Are Investors Cashing In From Two-Year Old Infrastructure Law Yet?

Two years ago, on Nov. 15, 2021, the Bipartisan Infrastructure Bill was signed into law, and billions of dollars were allocated to flow to everything from railroad infrastructure to new wireless cellphone towers and EV charging stations.

Usually, Wall Street loves to chase stimulus, and this was one of the Biden Administration’s two biggest spending laws (the other one was the CHIPS & Sciences Act signed into law in June 2022). Timing is everything with investing, so one-year and year-to-date snapshots are not indicative of the gains investors made in these stocks, especially in new industries like EV charging stations, which saw a huge bounce in 2021 and then lost those gains soon after.