Essentially, no matter what’s going on with the world and the economy, construction stocks enjoy permanent relevance. Sure, recessions obviously impact the scale and pace of development. However, unless we’re talking about a truly catastrophic event, nations look forward to building or rebuilding.
To be sure, the maximum potential of the infrastructural industry doesn’t match that of the technology sphere, for example. Nevertheless, you’re likely to enjoy a higher probability of success, even if the magnitude of said success is smaller. If you’re okay with that, these may be the best infrastructure stocks for 2023.
This post originally appeared at InvestorPlace.