"Money Morning LIVE" stream, I told viewers about Lifeloc Technologies Inc. So, on Tuesday morning, during my regular 8:30 a.m. exchange - you can learn more about that here.īut it's clear from this buried language that infrastructure is going to be insanely profitable for the companies that manufacture breathalyzers, and I found a winner in a very small technology firm. Our Michael Robinson just threw a spotlight on a small, $2 EV stock that's piled on more than 1,100% gains over the past year or so and could potentially repeat that performance this year as it looks to go public on a big U.S. Now, electric vehicles are already proving to be one of the most lucrative sectors right now. We're talking about tens of millions of light vehicles, and millions of larger ones.
It doesn't matter if it's an electric vehicle like a Tesla, or a gas-powered vehicle like a Ford F-150. The language of that bill is nearly identical to what is in this new bill.Īs soon as 2026, new vehicles will need to have "advanced drunk and impaired driving prevention technology," the bill states.Įvery. It was named after a Michigan family killed by a drunk driver.
Debbie Dingell (D-Michigan) introduced a bill called the Honoring Abbas Family Legacy to Terminate (HALT) Drunk Driving Act. This has been part of a wider bipartisan effort to curb drunk driving over the last few years. In an effort to limit drunk driving - which is responsible for around 33% of traffic fatalities in the United States - the Senate has mandated that all new vehicles will have breathalyzers. It's all about drunk driving, or combatting it, to be precise. In this text was buried a provision that has basically nothing to do with physical or electronic infrastructure, but which stands an excellent chance of becoming set-in-stone law. The infrastructure bill isn't a bit different. So that's what I did.Īs you probably know, there's a ton of pork in bills, and all sorts of things that are only tangentially related to the subject of the bill. The Senate infrastructure bill - which calls for around $1.2 trillion in spending as things stand now - is more than 2,700 pages long, or more than twice as long as Tolstoy's legendary "War and Peace."īut my assignment last weekend was to get into the nitty gritty of the text and determine where the opportunities lie. "We have to pass the bill to know what's in it," anyone? And of course, they can be so onerous that no one, not even Senators or Representatives, reads or knows everything about what's in them. It probably takes a special kind of glutton for punishment to sit down and read or even skim a legislative bill most of them, especially the "landmark" ones, are impenetrable thickburgers of dense, archaic language. Well, unlike most of Congress, I actually looked in the bill, and what I've found should lead to some big moves in a very small stock. In other words, the serious infrastructure-bill profits are going to come out of left field, from what's buried in the bill. Those profits are okay, but here's the thing (most) investors aren't seeing right now: Just about every single one of those stocks already has expected infrastructure spending baked into its price. Senate would pass the bipartisan infrastructure bill and send it along to the House of Representatives, where it's expected to pass.
Mining companies, construction, steel and metals, and more plenty of them have seen single- and double-digit gains since it became clear the U.S. Right now, everyone is talking about infrastructure stocks - and the folks who aren't talking about them are speculating on them, big-time. Save my name, email, and website in this browser for the next time I comment. Sign me up for the Money Morning newsletter Your email address will not be published. Or to contact Money Morning Customer Service, click here. Comment on This Story Click here to cancel reply.
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