€500 Billion for German Infrastructure. Why Sto VZ is my Favorite!
Germany plans to spend 500 billion euros over 10 years on infrastructure. Funds will also flow into schools, hospitals, and therefore the construction sector.
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A massive sum of €500 billion distributed over 10 years as special funds for infrastructure is to be approved by the CDU/CSU and SPD. This boost will help the economy gain momentum. Funds will flow into construction, schools, and hospitals. Consequently, the building construction sector will receive more orders. For me, Sto VZ (i) (WKN 727413) is a major beneficiary and comeback stock over the next two years. This is because 40% of its revenues are generated in Germany with its insulation, plasters, acoustic systems, flooring, and tools for construction....
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