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UBS says these stocks could climb if Congress passes Biden’s infrastructure plan

Wind generators on the San Gorgonio Pass wind farm, owned by NextEra Energy Inc., in Whitewater, California, on Wednesday, Feb. 17, 2021.

Bing Guan | Bloomberg | Getty Images

President Joe Biden’s formidable infrastructure package deal could spell massive upside for a handful of stocks within the semiconductor, broadband and industrials industries, UBS informed purchasers Thursday.

Chief U.S. fairness strategist Keith Parker screened the broad Russell 3000 to reach at about 200 U.S. stocks with important income publicity to Biden’s $2 trillion infrastructure plan.

Based on that evaluation, UBS recommends buyers keep obese industrials throughout most subindustries and metals. The brokerage likes the know-how area, particularly related semiconductor stocks that could be beneficiaries of a large broadband rollout below the Biden plan.

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