These are the stocks for playing Biden’s infrastructure push, analysts say

Here are Stifel’s five picks:

Dycom Industries DY, +5.03% : “Estimated revenue exposure – 100%,” and the company is focused on “Telecom, Rural Broadband Deployment,” the analysts said.

Quanta Services PWR, +3.85% : “Estimated revenue exposure – 69%. Power Grid, Telecom.”

MasTec MTZ, +4.97% : “Estimated revenue exposure – 68%. 5G/ rural broadband, Renewable energy construction, Electric T&D [transmission & distribution].”

MYR Group MYRG, +4.94%. “Estimated revenue exposure – 61%. Power Grid, Renewables, Rail, Schools, Energy Retrofits.”

Atlas Technical Consultants ATCX, +3.13% : “Estimated revenue exposure ~25-35%. We note that while estimated revenue in markets that could be impacted by Infrastructure stimulus is high at ~59%, the high percentage of work performed on existing assets limits the exposure to some degree. Highways, roads, transit, Energy Retrofits/ Safety, Energy.”

Beyond those five stocks, the Stifel analysts said other beneficiaries in specialty engineering, construction and related services will include infrastructure rehabilitation company Aegion AEGN, +0.56% (though they note it’s in the process of going private and only has a “hold” rating), as well as Emcor Group EME, +2.40%, AZZ AZZ, +1.82%, Tetra Tech TTEK, +2.19% and Montrose Environmental MEG, +7.08%.

Meanwhile, energy-sector analysts at Truist said in a Monday note that there is “a broad consensus for a high likelihood of a stand-alone storage ITC,” referring to an investment tax credit, with it coming “possibly in a Biden infrastructure package.”

That type of incentive “would further support the already robust growth outlook for the space,” the Truist team said.

Energy technology company Enphase Energy ENPH, +5.95% and Sunrun RUN, +11.58%, a provider of solar panels and batteries, both have indicated that the ITC has a strong chance of becoming a reality, the analysts said. Truist gives each company a “buy” rating.

Away from individual stocks, MarketWatch’s Phil van Doorn has written that the Global X U.S. Infrastructure Development ETF PAVE, +1.30% might be your best way to take a broad approach at riding along with Biden’s infrastructure plan, and MarketWatch’s Andrea Riquier has listed PAVE among the ETFs poised to gain during Biden’s time in office.

Related: The clean-energy ETF sell-off may be a buying opportunity

And see:  U.S. gets C- grade on its infrastructure report card

Plus: Biden wants massive infrastructure package approved this summer