Granite Construction Looks Rock Solid By John Hughes and Scott Maragioglio About this article: This market is fairly devoid of trading themes at the moment, but the domestic infrastructure theme is starting to gain traction, and we can see another leg to the upside developing in the group. The new Democratic administration is gearing up to dole out close to a trillion dollars in domestic stimulus packages as soon as possible, with a focus on domestic infrastructure projects. The initial reaction to this plan has pulled the heavy construction and materials sector up and out of the basement, and helped to create an interesting technical reversal in the group. We have seen a pullback and cooling in the sector, and several names in the group are at interesting entry points on the long side. One of these names is Granite Construction . Granite Construction is one of the largest civil construction companies in the country. Granite concentrates on highway, bridge and other... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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