IFRA: The AI Mega Theme Rolls On, Caterpillar Leads The Way

IFRA, the iShares US Infrastructure ETF, remains a buy with strong momentum and sector tailwinds, led by top performer Caterpillar. IFRA trades at a PEG ratio supported by a 9.6% long-term EPS growth rate, with its P/E multiple rising to nearly 21x. The ETF is heavily weighted toward Utilities (40%+) and Industrials (35%), both benefiting from AI-driven infrastructure demand.