From Nasdaq: 2025-02-12 08:30:00

Los Angeles wildfires caused $95 billion to $164 billion in property damage, with $75 billion in insured losses. Developers aim to speed up rebuilding efforts by suspending regulations. Caterpillar and Deere stocks are expected to benefit from the reconstruction process due to their heavy machinery and equipment.

Caterpillar’s business struggled in 2024 but is expected to rebound with the rebuilding efforts. Deere’s earnings also dropped in 2024, but the company managed the challenges well. Fluor, a disaster engineering firm, secured a major contract with FEMA for the East Zone, positioning them for a significant role in the recovery process.

Fluor reported mixed results in Q3 2024, with revenues rising but missing estimates. Uncertainty looms for 2025 due to project delays and cancellations affecting earnings. Despite challenges, the company secured a substantial backlog for future projects. Investors are advised to monitor the progress of these companies in light of the rebuilding efforts.



Read more at Nasdaq:: Rebuilding Stronger: 3 Stocks Driving Infrastructure Recovery