This Construction Stock Has Nearly Tripled This Year. Can It Keep Gaining in 2025?

In 2024, there have been plenty of winners in the stock market. While tech stocks have gotten much of the attention from investors, other sectors have also performed well. One of the more overlooked ones is construction, which is benefiting from strong demand, infrastructure spending from the government, and hopes that Fed rate cuts will lower borrowing costs.For example, the Invesco Building & Construction ETF is up 22% year to date, but through Nov. 25, it was up 40%. That was before President-elect Trump announced his intention to slap 25% tariffs on Canada and Mexico, and to add a 10% tariff on goods coming from China. Even with that setback, a number of individual construction stocks have still delivered monster returns this year. Tutor Perini (NYSE: TPC), for example, is up 171% year to date, as the chart below shows.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool