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Stock impact report

Baillie Cools on Tech in Favor of ‘Boring' Infrastructure Stocks [Yahoo! Finance]

Advanced Drainage Systems, Inc. (WMS) 
Last advanced drainage systems, inc. earnings: 2/6 06:40 am Check Earnings Report
US:NYSE Investor Relations: investors.ads-pipe.com
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Brace for a Nationwide Shuffle of Corporate Headquarters A Chicago Skyscraper Cements the Legacy of a Visionary Postmodern Architect Cloud Computing Tax Threatens Chicago's Silicon Valley Ambitions NYC's Run-Down Bus Terminal Gets Approval for $10 Billion Revamp Kansas City Looks Back on its Long, Costly Ride With Microtransit “We think there's going to be a massive building boom certainly in the US, the UK and in some other places,” Stuart Dunbar, a partner at the Edinburgh-based firm, told Bloomberg in Tokyo. Baillie Gifford still likes some US big tech stocks but is underweight on many of them now because of high valuations, he said. “In parts of Europe and in the US, the infrastructure is just falling apart. It's been under-invested for 50 years and it's getting to the point where it can't be ignored any longer, with bridges falling down literally,” Dunbar said. “It's quite an unexpected source of growth, like building aggregates suppliers, Show less Read more
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