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Ferrovial (FER) Wins Another Major U.S. Infrastructure Project
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Ferrovial N.V. (NASDAQ:FER) is one of the 9 Best Stocks to Buy in Chris Hohn's TCI Fund Portfolio. Forming almost 3% of the TCI Fund portfolio, Ferrovial SE officially completed its conversion into a Dutch public limited liability company, legally changing its name to Ferrovial N.V. (NASDAQ:FER) on April 30, 2026. On June 8, 2026, Ferrovial N.V. (NASDAQ:FER) was awarded a $1.079 billion contract by the U.S. Army Corps of Engineers (USACE). This newly awarded contract marks the second contract with USACE under the Puerto Nuevo flood control project and aims at expanding and upgrading a section of the Río Piedras channel in San Juan. Ignacio Gaston, Ferrovial Construction CEO, stated: We are proud to continue working with the U.S. Army Corps of Engineers to deliver complex projects that will strengthen resilience, reduce flood risk, and provide long-term benefits for the local economy and community. In a more recent development, on June 24, 2026, Dalaman Airport, managed by Ferrovial N.V. (NASDAQ:FER), became the first global terminal to meet 100% of its electricity demand using rooftop solar power. Phase 2 completion marks a major milestone in Ferrovial N.V.'s (NASDAQ:FER) strategy for low-carbon infrastructure. Founded in 1952, Ferrovial N.V. (NASDAQ:FER) is a global infrastructure giant with headquarters in the Netherlands. The company manages high-concession toll roads, airports, and construction assets, with North America serving as its primary long-term corporate growth engine. While we acknowledge the potential of FER as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Cheap Jim Cramer Stocks to Invest In Right Now and Chase Coleman's Tiger Global Portfolio: 10 Best Stocks to Buy Disclosure: None. Follow Insider Monkey on Google News.
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