Top Infrastructure Stocks to Monitor This February

On February 1, 2023, five infrastructure stocks have emerged as key investment opportunities, according to MarketBeat’s stock screener tool. These companies—Coinbase Global, Alibaba Group, International Business Machines, Applied Digital, and Marvell Technology—are noted for their significant trading volumes and potential for steady returns in an often unpredictable market.

Understanding Infrastructure Stocks

Infrastructure stocks represent shares in companies that build, own, or operate essential physical systems and services. These include vital components such as roads, bridges, utilities, airports, pipelines, and telecommunications networks. Investors are drawn to these stocks primarily for their predictable cash flows and consistent dividends. However, they are also influenced by factors like government spending, regulatory changes, and broader economic trends.

In the recent trading period, these five companies reported the highest dollar trading volumes among infrastructure stocks, signaling strong investor interest.

Company Profiles

Coinbase Global, Inc. (COIN) stands out as a leader in the cryptocurrency sector, providing financial infrastructure and technology to both individual and institutional users. The company operates a primary financial account for consumers in the crypto economy and offers a marketplace that facilitates transactions in crypto assets.

Alibaba Group Holding Limited (BABA) operates through a diverse range of subsidiaries to provide technology infrastructure and marketing capabilities. This enables merchants, brands, and retailers to connect with customers in China and abroad. The company is organized into seven segments, including China Commerce, International Commerce, and Cloud services.

International Business Machines Corporation (IBM) is a global player that delivers integrated solutions and services across various sectors. The company is segmented into Software, Consulting, Infrastructure, and Financing. Its Software division focuses on hybrid cloud and artificial intelligence platforms, helping clients navigate digital transformations.

Applied Digital Corporation (APLD) specializes in designing and operating datacenters throughout North America. The company provides digital infrastructure solutions tailored for the high-performance computing industry and offers services for artificial intelligence and cryptocurrency hosting.

Marvell Technology, Inc. (MRVL) develops semiconductor solutions critical for data infrastructure, covering everything from data center cores to network edges. The company is known for its complex System-on-a-Chip architectures that combine analog, mixed-signal, and digital signal processing functionalities.

As the landscape of infrastructure investing continues to evolve, these companies remain at the forefront, attracting attention from both institutional and retail investors. Their capabilities in providing essential services and infrastructure solutions position them as key players in the market.

Investors looking for stability and growth within infrastructure sectors may find these stocks worth monitoring as they navigate the complexities of global economic conditions.