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There was a mad scramble today as Wall Street tried to identify the winners from the $1.2 trillion ($550 billion in new money) infrastructure bill passed by the House of Representatives (finally) late on Friday night. President Joe Biden will sign the bill, which passed the Senate in August, early in the coming week.

Frankly, the bill has been so long in the baking that I had forgotten what was in it. So I looked it up. (And I’ve suggested some potential stock market winners from this new spending.)

There’s an extra $110 billion in funding for highways and bridges. There winners here are so obvious that I added them to my portfolios way back when it looked like this bill would have smooth sailing to passage. Aggregate producers (you know the stuff that goes into concrete) Martin Marietta Materials (MLM) up 15% from my June 28 pick in my Jubak Picks Portfolio and Vulcan Materials (VMC), up 17% from my March 1, 2021 pick in that same portfolio. Construction equipment makers Caterpillar (CAT), down 2% in my Jubak Picks Portfolio from my February 22, 2021 pick and Deere (DE), which has become a bigger player in the construction equipment sector after a recent acquisition, down 6% from my May 5,2021 pick (mostly on strike news recently) in the Jubak Picks portfolio.

There’s an extra $66 billion for railroads, much of it for passenger rail. I don’t have a clear pick here.

There’s an extra $65 billion for the power grid with most of it targeted to “grid reliability and resiliency.” Here my pick is American Superconductor (AMSC), down 6% from my March 29, 2021 pick in my Millennial Portfolio (for investors with more time than money). The company has a grid upgrade project underway with Commonwealth Edison in Chicago that addresses these issues.

There’s an extra $65 billion for broadband targeted at expanding broadband in rural areas and low-income communities. About 30 million Americans still do not have reliable Internet access. About $14 billion of the funding would go toward making monthly Internet bills more affordable for low-income Americans. I don’t have a clear pick here.

There’s an extra $55 billion for water with $15 billion specifically for lead-pipe replacement. There is also $10 billion to clean up man-made chemicals known as per- and polyfluoroalkyl substances. My long-standing water infrastructure pick is Xylem (XYL), up 412% in my Jubak Picks Portfolio since September 4, 2012.

There’s an extra $47 billion for resilience in two big pots cybersecurity and climate-change mitigation. There is funding to help protect infrastructure from attacks along with funding to address droughts, flooding, wildfire mitigation, coastal erosion and other big climate-related events. My picks here are the same as of the highways and bridges spending above. But I’m looking for other stocks in this area. It’s not clear to me, yet, what companies will be winners from the additional cybersecurity spending.

There’s an extra $25 billion for airports. Same winners as in highway and bridges spending above.

There’s an extra $7.5 billion for electric-vehicle charging stations. Winners here are Chargepoint (CHPT) down 44% in my Volatility Portfolio since my December 23, 2020 pick and EVgo (EVGO) down 15% in my Volatility Portfolio since my May 19, 2021 pick. I’d also track the impending IPO for Tritium, a fast-charging equipment maker looking to go public through a reverse merger with SPAC Decarbonization Plus Acquisition Corporation II (DCRN).

There’s an extra $7.5 billion for electric school buses. One possible winner here is Cummins (CMI) but I want to check out the company’s efforts in this area and compare with competitors.

There’s also extra money for public transit ($39 billion), remediation ($21 billion) of brownfield and Superfund toxic waste sites, abandoned mines and old oil and gas wells that need to be plugged, ports ($17 billion) and highway, pedestrian,and pipeline safety ($11 billion). I don’t have picks in these areas.

I’d look for moves early next week to identify other stocks that investors see as benefiting from this legislation.