That’s a good point regarding the infrastructure bill. They’re so strong in home market. Not sure what’s in the basket of infrastructure. Might take a look.
My number 1 concern is that their customers will cut capex indiscriminately to save costs for next years to recover from virus shut down and they were already at top of the cycle and on way down. I just see rough waters for next 2-3 years.
Their PE ratio looks attractive but not their shiller PE which is strange.
Also agree debt is high and they provide loans to their customers which is double jeopardy to me as they exposed to credit default on top of debt.
I was looking to get my lad some shares for his junior ISA (he’d love that when he’s a bit older, daughter has some Disney) but I can’t justify it unless their down to $70 or less