Make your money go further for just 25p per day

This small cap could be a major beneficiary of Trump’s suggested infrastructure spending boost

09/11/2016

President elect Donald Trump’s claim that he would “at least double” whatever Hillary Clinton was planning to spend on repairing infrastructure in the United States could offer a big boost to key providers of infrastructure. As with many of his pre-election promises he hasn’t yet expanded on how he proposed paying for this increased spending but, everyone seems to agree there is plenty of ageing US infrastructure that is in dire need of repair. We have come across an unknown small cap that could do very nicely over the next few years as a result!

With a current market capitalisation of only US$215m Great Lakes Dredge & Dock Corp (GLDD:NSQ) goes unnoticed by many investors, both sides of the Atlantic, and could be a beneficiary of increased infrastructure spending. Despite having a boost over the last few days the share price is also close to 5 year lows suggesting now could be good time to take an interest in this small cap.

GLDD is a 125 year old provider…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More Company Insights

Bonkers Bargains: another upgrade and still a bargain

12/11/2024 · Time Finance

AIM new arrivals and departures October 2024

08/11/2024 · GenIP · Pulsar Helium

Sign-up to our free email updates

SIGN UP