The Infrastructure Investment and Jobs Act (IIJA) authorized $1.2 trillion for transportation and infrastructure projects to upgrade roads, bridges, clean energy and power, airports, and other critical infrastructure. Companies in industries that provide the necessary services, resources, and finished products required to complete these infrastructure projects stand to benefit. AZZ Inc (NYSE:AZZ), the market leader in hot-dip galvanizing and coil coating solutions for metals, could therefore be a solid option amidst this infrastructure boom.
The stock has climbed over 100% in the past year, a testament to its strong financial performance, yet it still trades at a relative value. Investors seeking moat-like businesses that pay a dividend and have upside potential might want to consider adding it to their portfolios.
Azz Market-Leading Position
AZZ is a prominent leader in hot-dip galvanizing and coil coating…
