Stocks for the Global Building Boom

These four companies will benefit as the world improves its infrastructure.

The globe is getting an upgrade. Governments around the world have pumped billions of dollars into their economies over the past two years to build and repair roads, bridges, power grids, water systems, and oil-and-gas pipelines worldwide.

And that’s only the beginning. CIBC World Markets expects nations to spend about $30 trillion on infrastructure over the next 20 years. They jump-started the spree with the stimulus packages crafted in reaction to the 2008 financial crisis. The numbers are huge -- the U.S. has pledged $150 billion for infrastructure; China, $586 billion; the European Union, $256 billion; and so on. That money is only slowly trickling down to the companies that will actually do the construction.

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Contributing Editor, Kiplinger's Personal Finance