In this article, we explore the 13 Best Infrastructure Stocks to Buy Right Now.
Infrastructure companies are the backbone of industrial economies. These organizations build, own, or operate the long-life assets that economic activity depends on. They can be utility providers managing electricity and water distribution, telecommunications firms building broadband and 5G networks, transportation operators maintaining roads and logistics hubs, and energy companies developing power generation and grid systems.
According to Allianz Research, many countries around the globe have massive infrastructure gaps that need closing. Their report argues that the world needs to lift infrastructure investment to about 3.5% of global GDP annually, that is about $4.2 trillion per year, over the next decade to “future‑proof” transport, social, energy, and digital systems. Over the next decade, Allianz notes, total global infrastructure needs are worth $11.5 trillion, and this is only for non-energy sectors like water and sanitation, telecom/digital, and transport.
The good news is that countries are not sitting idly as the reality Allianz describes unfolds. According to ReAnIn, lots of money is flowing into the global infrastructure sector today than ever before. The firm estimates that the worldwide infrastructure market was worth $2.9 trillion in 2025, and that it could touch $4.5 trillion by 2032. That is a 6.6% CAGR in seven years. ReAnIn points out that urbanization and demographic change are driving the demand. Other factors include supply‑chain reshoring and friendshoring that increases need for factories and logistics, and, most importantly, artificial-intelligence-driven digitalization.
Although the AI-driven demand has run into binding constraints like electricity supply and substation capacity, this aspect will continue to be a structural tailwind for infrastructure companies, says Nick Langley, Head of Real Assets at ClearBridge Investments. “We believe these [AI and data center growth] will all be in play in 2026 and beyond, and we don’t think they are being captured by markets. So infrastructure valuations look attractive to us, especially given the length and transparency in their spending and returns,” Langley told Franklin Templeton.
Against this backdrop, the following analysis identifies 13 infrastructure stocks best positioned to benefit from these secular trends.
Our Methodology
We constructed an initial pool of stocks for this list by sifting through several well-known infrastructure-focused ETFs, including iShares US Infrastructure ETF (IFRA) and iShares Global Infrastructure ETF (IGF), as well as financial media and stock screeners. We then settled on the 13 best names with positive upside potential as of February 16, 2026, and significant hedge fund interest. The hedge fund data was obtained from Insider Monkey’s database of 13F filings as of Q3 2025. The list is in ascending order based on the number of hedge funds with a stake in each stock.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
Best Infrastructure Stocks to Buy Right Now
13. WEC Energy Group, Inc. (NYSE:WEC)
Number of Hedge Fund Holders: 37
Stock Upside: 4.50%
WEC Energy Group, Inc. (NYSE:WEC) is one of the best infrastructure stocks to buy right now. On February 6, Mizuho lifted its price target on WEC Energy Group, Inc. (NYSE:WEC) to $121 from $117 and maintained an Outperform rating on the stock. Mizuho said its PT raise was supported by WEC’s strong performance in Q4 2025 financial results, which the company shared the day before.
In the results, WEC Energy’s full-year 2025 earnings per share came in at $5.27, which narrowly beat Wall Street’s expected $5.25. This was an 8% increase over 2024’s adjusted earnings. For the fourth quarter, the company’s net income reached $316.6 million, or $0.97 per share, which compares to the $453.5 million, or $1.43 per share, posted in Q4 2024.
WEC Energy initiated a 2026 guidance range of $5.51-$5.61 and forecasted a 6.5%-7% EPS compound annual growth rate this year. For the longer term, the company expects a growth of 7%-8% off the midpoint. Mizuho believes that management’s confidence in future growth is a great boost for investor sentiment, which is why the firm lifted its price target on the shares.
Separately, on the same day, February 6, Scotiabank reaffirmed its Sector Outperform rating on WEC Energy Group and kept the $140 price target. The bank said that strong growth prospects driven by increasing data center demand was the key factor supporting its decision.
The analysts highlighted WEC’s remarkable track record of exceeding earnings guidance. They also noted that the company has surpassed original EPS guidance midpoints for 22 consecutive years, and expressed confidence in WEC’s guidance of 7%-8% growth.
WEC Energy Group, Inc. (NYSE:WEC) is a Milwaukee, Wisconsin-based utility holding company that provides electricity and natural gas to 4.7 million customers across the Midwest. The company operates regulated utilities and transmission networks, mainly through its WEC Infrastructure segment.
12. Sempra (NYSE:SRE)
Number of Hedge Fund Holders: 41
Stock Upside: 5.51%
Sempra (NYSE:SRE) is one of the best infrastructure stocks to buy right now. On January 26, Jefferies’ Julian Dumoulin-Smith lowered his price target on Sempra (NYSE:SRE) to $89 from $95 and kept the Hold recommendation intact. The analyst cited California risks as the reason for the price target reduction.
The adjustment stems from new legal challenges facing SoCalGas, a Sempra unit, over its response to the Eaton fire. This challenge, said Dumoulin-Smith, heightens overall operational uncertainties for the company.
The analyst observed that investors previously saw Sempra’s California operations as less exposed to wildfires than competitors, but this perception is now shifting due to this case. As a result, the analyst also trimmed projections to account for changes in California’s capital cost assumptions and outcomes from the track two regulatory process.
In a separate update, on January 22, BMO Capital analyst James Thalacker cut the price target on Sempra (NYSE:SRE) to $100 from $103 and reaffirmed an Outperform rating. Thalacker labeled the stock’s recent plunge an overreaction to Southern California Edison’s lawsuit accusing SoCalGas of mishandling the Eaton fire.
According to the analyst, he took into account initial fire damage projections and the fact that over 12 defendants face similar claims. As such, Thalacker adjusted downward his projections for Sempra’s California utility segment. He also predicted investor skepticism would linger until Sempra files its defense in the litigation.
Sempra (NYSE:SRE) is a San Diego, California-based energy infrastructure company. It provides electricity and natural gas to nearly 40 million consumers across North America. It operates one of the largest energy networks in the region, with assets spanning transmission, distribution, and storage systems.
