EXCLUSIVE: Expert Predicts 'Double-Digit Growth' In 2 Sectors Thanks To Major Federal Investments (CORRECTED)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2024
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Source: Benzinga
- Exclusive Interview Insights: Michael Sayers from Rockland Trust discusses investment opportunities influenced by legislative developments like the CHIPS Act, IRA Act, and Infrastructure Act.
- Investment Allocations: Significant funds allocated for semiconductors, clean energy, power, EVs, and EV batteries under various acts.
- Remaining Funds: $350 billion remains from a total $1 trillion allocation, indicating potential growth in infrastructure-related construction and manufacturing spending.
- ETF Opportunities: Various ETFs provide exposure to infrastructure and manufacturing sectors poised for growth due to legislative developments.
- Top ETFs: Popular infrastructure ETFs include PAVE, IGF, IFRA, while manufacturing/industrial ETFs like XLI, ITA, VIS present attractive options for investors.
Analyst Views on KARS
Wall Street analysts forecast KARS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KARS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 32.560
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Current: 32.560
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
