5 Best Airport and Infrastructure Stocks To Buy Under President Trump

3. Caterpillar Inc. (NYSE:CAT)

With materials figured out, infrastructure construction and repair will also require equipment. Again, assuming that Trump’s “America First” campaign promise is kept, U.S construction equipment manufacturers should see increased demand. In this way, Caterpillar Inc. (NYSE:CAT)‘s stock has gone up by 27% since the election, having also registered a jump at the end of April on the back of strong first-quarter results. The company reported EPS of $1.28, clobbering the consensus estimate of $0.62, while revenue of $9.80 billion was $550 million higher than expected. Caterpillar Inc. (NYSE:CAT) also raised its 2017 guidance, with it now expecting EPS of $3.75 and revenue in the range of $38 billion to $41 billion, versus the previous forecasts of $2.90 in EPS and revenue of between $36 billion and $39 billion. During the first quarter, the number of funds from our database long Caterpillar Inc. (NYSE:CAT) increased by four to 38, while the total value of their positions surged to $2.10 billion from $1.60 billion.

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