Infrastructure Investing Boom

Australian companies involved in infrastructure such as building, hire equipment, laying roads and other essential services are making experts sit up and take notice as many of the quiet achievers are starting to shine. Stocks in these types of companies may have been seen as dull in the past but an infrastructure boom is helping their share price go through the roof.
The story also lists some companies to keep an eye on due to strong growth since their IPO.

Forget diamonds, sewerage may just be your best friend
"Want to get a piece of Australia's secret boom? Forget mining companies for a minute and look to your water supplier and toll road operator.

Diamonds might be a girl's best friend, but where would she be without sewerage companies, fire stations and hospitals? These companies, so long seen as quiet, boring and unsexy, are today part of a huge Australian infrastructure boom where earnings and share prices have shot up.

Last year infrastructure stocks jolted experts awake when the industrials sector rose 11 per cent. Companies such as Worley Parsons and Alinta have leapt 182 per cent and 25 per cent respectively."
Money manager

# Stock Market News