5 Best Stocks That Will Gain From Biden’s Job and Infrastructure Plan

3. Evoqua Water Technologies Corp. (NYSE: AQUA)

Evoqua Water Technologies Corp. (NYSE: AQUA) is a Pennsylvania-based holding company that provides water treatment solutions. The firm offers capital systems and related recurring services for treating industrial process water, utility water, and wastewater. It has served the healthcare, pharmaceutical, food and beverage, and other industries. Evoqua also makes products that filter and separate clean and dirty water. Since the American Jobs Plan envisions the provision of clean water to every American household, the firm could benefit from it. 

It has a market cap of more than $3 billion and posted more than $1.4 billion in revenue in September 2020. Over the past month, the share price of the company stock has increased by more than 7%. The price of shares is 30% higher than what it was three years ago. The earnings per share for the stock have increased by 8.8% in the past twelve months. The company is 3rd on our list of top 10 stocks that will gain from Biden’s job and infrastructure plan. 

As of the end of the fourth quarter of 2020, Impax Asset Management owns 3.3 million shares of AQUA worth $99.5 million. AQUA accounts for 0.63% of Impax Asset’s total portfolio.