Investing in infrastructure stocks can be a great way to get exposure to a wide variety of industries and companies. Infrastructure stocks are those that provide the necessary support for economic growth, including transportation, energy, communications, and more. While there are many different types of infrastructure stocks to choose from, here are our top picks for the best infrastructure stocks to buy
1. American Tower Corporation (AMT)
American Tower Corporation (AMT) is a leading independent owner, operator and developer of wireless and broadcast communications infrastructure in the United States. The company owns more than 40,000 cell towers and over 60,000 miles of wireless infrastructure, making it one of the largest players in the space.
In addition to its extensive footprint, American Tower also has a strong growth trajectory. The company has reported double-digit year-over-year growth in both revenue and Adjusted EBITDA for each of the last five years. This growth is being driven by continued investment in wireless infrastructure as well as expansion into new markets such as small cells, fiber optics, and international markets.
Looking ahead, American Tower is well positioned to continue its strong growth trajectory. The company’s scale and diversified portfolio of assets provide a significant competitive advantage, and management remains focused on executing on its long-term growth strategy. As a result, American Tower is an attractive option for investors looking for exposure to the growing Infrastructure sector.
2. AT&T Inc. (T)
AT&T Inc. (T) is an American multinational conglomerate holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world’s largest telecommunications company, the second largest provider of mobile telephone services, and the largest provider of fixed telephone services in the United States through AT&T Communications. Since June 14, 2018, it has also been a part of the Dow Jones Industrial Average. The company has a history dating back to Alexander Graham Bell and his invention of the telephone in 1876.
3. Equinix, Inc. (EQIX)
Equinix, Inc. (EQIX) is a leading provider of data center and interconnection solutions. The company operates a global network of data centers that are connected by an extensive system of high-speed optical and Ethernet networks. Equinix offers a variety of services, including cloud computing, colocation, and managed hosting.
Equinix has a strong track record of growth and profitability. The company has been profitable for each of the last 12 years, and its stock price has quadrupled since 2010. Equinix is well-positioned to continue its growth in the years ahead as more businesses move their operations to the cloud.
If you’re looking for a top infrastructure stock to buy, Equinix is a good choice.
4. Digital Realty Trust, Inc. (DLR)
Digital Realty Trust, Inc. (DLR) is a real estate investment trust that invests in data centers and other properties. The company has a portfolio of over 200 properties in the United States, Europe, Asia, and Australia. DLR is one of the largest data center REITs in the world with a market capitalization of over $20 billion.
Digital Realty’s properties are leased to a variety of tenants including Fortune 500 companies, cloud and IT providers, content and media companies, and financial services firms. The company has a long history of dividend growth and is one of the Dividend Aristocrats, a group of companies with 25+ years of consecutive dividend increases. DLR’s dividend yield is 3.4%.
Digital Realty Trust is a well- diversified real estate investment trust that owns data centers and other properties across the globe. It has a strong portfolio of over 200 high quality properties which are leased to some of the world’s biggest companies including Fortune 500 firms, cloud service providers, content creators and financial institutions among others. The company has an impressive streak of 25 years or more of consecutively increasing dividends making it a Dividend Aristocrat stock. Currently yielding 3.4%, Digital Realty Trust is definitely worth considering for your income portfolio.”
5. CoreSite Realty Corporation (COR)
CoreSite Realty Corporation (COR) is a leading provider of data center services. The company owns and operates more than 40 data centers across the United States, including locations in major markets such as New York, Chicago, Los Angeles, and San Francisco. CoreSite’s data centers offer customers a variety of features and amenities, including high-density power, network connectivity, and security.
With a strong portfolio of data center assets and a commitment to customer satisfaction, CoreSite is one of the top infrastructure stocks to buy. The company’s stock is up more than 50% over the past year, and analysts expect continued growth in the years ahead.
6. SBA Communications Corporation (SBAC)
SBA Communications Corporation is a communications infrastructure company that owns, operates and leases wireless towers and rooftop sites in the United States and internationally. The company has a long-term growth strategy focused on expanding its portfolio of owned towers and leased sites to support the increasing demand for data and video content.
SBA Communications has a strong track record of delivering shareholder value through its dividend growth program and share repurchase program. The company has increased its dividend for 11 consecutive years and has repurchased approximately $3.0 billion of stock since 2008.
The company’s shares have outperformed the broader market indexes over the last five years, returning nearly 400%. SBA Communications is well positioned to continue delivering strong shareholder returns as the global demand for data and video content increases.
7. Crown Castle International Corp. (CCI)
Crown Castle International Corp. (CCI) is a leading provider of wireless infrastructure in the United States. The company owns, operates and leases approximately 40,000 cell towers and more than 60,000 route miles of fiber supporting small cells and fiber solutions across the country.
In addition to its extensive portfolio of wireless infrastructure assets, CCI also provides other services to its customers, including site development, network engineering and deployment, and operations and maintenance services.
CCI has a long history of paying dividends and has increased its dividend for 10 consecutive years. The company currently has a dividend yield of 3.7%.
CCI is a publicly traded company listed on the New York Stock Exchange (NYSE: CCI).
8. Enbridge (NYSE:ENB)
Enbridge (NYSE:ENB) is a Canadian energy company that owns and operates oil and gas pipelines, as well as storage facilities. The company’s pipeline system includes the world’s longest crude oil and liquids transportation system. Enbridge also has a growing renewable energy business.
Enbridge is one of the largest energy infrastructure companies in North America. The company’s pipelines transport more than 2.2 million barrels of oil per day. Enbridge also owns and operates nearly 1,400 miles of natural gas pipelines. In addition to its transportation business, Enbridge also owns and operates Canada’s largest natural gas storage facility.
Enbridge has been growing its renewable energy business in recent years. The company currently has more than 2,000 megawatts of wind and solar power projects in operation or under development. Enbridge is also working on several large-scale battery storage projects.
The company’s dividend yield is currently 4%. Enbridge has increased its dividend for 22 consecutive years.
9. Fluor (NYSE:FLR)
Fluor Corporation is a publicly traded engineering, procurement, construction, and maintenance company with operations in more than 30 countries. Headquartered in Irving, Texas, Fluor ranks 111th on the Fortune 500 list with revenues of $19.2 billion in 2018. The company’s shares are traded on the New York Stock Exchange under the ticker symbol FLR.
Fluor’s expertise covers a wide range of infrastructure sectors including energy, chemicals and petrochemicals, transportation, mining and metals, life sciences and healthcare, government, and commercial/institutional. In 2018, the company was ranked as the largest engineering & construction firm in the world by Engineering News-Record.
Some of Fluor’s notable projects include building the world’s largest liquefied natural gas export facility in Australia; constructing a railway line between Los Angeles and Las Vegas; redeveloping New York’s LaGuardia Airport; and helping to build London’s Crossrail project – one of Europe’s largest infrastructure programs.
