Every major build-out, regardless of sector, requires one rather important thing: heavy equipment. These titanic machines play a major role in keeping businesses and economies moving, even if we only see them early on.
For investors, heavy machinery companies offer “picks-and-shovels” exposure to the current data center build-out. Of course, many want to look beyond the current boom, so it’s best to look at the company’s numbers and, more importantly, its ability to pay consistent dividends.
