Persistent energy inflation, higher oil prices, and a cautious Federal Reserve are putting fresh attention on U.S. infrastructure and industrial stocks that sit close to the real economy. These companies can feel the strain of higher input costs and sticky inflation, but they can also benefit if spending on energy, logistics, and manufacturing stays resilient. This article looks at how the latest stagflation risks and AI driven optimism intersect with large U.S. infrastructure related stocks. It also highlights 3 stocks from our screener that appear positively exposed to the current mix of inflation pressures and productivity hopes.

Miller Industries (MLR)

Overview: Miller Industries manufactures towing and recovery equipment such as wreckers, car carriers and multi vehicle transport trailers that are used by tow operators, auto auctions, car dealers, leasing firms and government customers across North America and selected international markets.

Operations: Miller Industries generates about US$745.5m in revenue from auto manufacturer related towing and transport equipment, with roughly US$586.8m from North America and US$158.7m from foreign markets.

Market Cap: US$567.2m

Investors looking at Miller Industries are getting exposure to the nuts and bolts of logistics. Aging and more complex vehicles, along with steady demand for roadside recovery, support interest in its towing equipment even as high diesel prices and cautious fleets pressure near term orders. The company is working through weaker recent earnings and thin 2.1% margins, yet still returns cash via dividends and share buybacks while focusing on cost discipline and pricing to offset higher manufacturing costs. Analysts have noted projections for revenue and earnings growth, and management has described current inflation and supply chain stresses as a new normal to execute through. The key question for investors is how this mix of resilience, execution risk and valuation compares with other infrastructure linked stocks.

Miller Industries looks like a workhorse of real world logistics, yet thin 2.1% margins and inflation pressures leave a lot unsaid about its upside and stress points, so review the 3 key rewards and 1 important warning sign

Perimeter Solutions (PRM)

Overview: Perimeter Solutions provides fire retardants, firefighting foams, and related services for government and commercial wildfire agencies, alongside a Specialty Products arm that supplies phosphorus based lubricant additives, mining and pesticide chemicals, and precision machinery for medical devices such as catheters and guidewires.

Operations: Perimeter Solutions generates about US$497.2m from Fire Safety and US$208.7m from Specialty Products, with most revenue tied to the United States and additional sales from other international markets.

Market Cap: US$6.2b

Perimeter Solutions operates at the intersection of wildfire management, critical infrastructure chemicals, and medical device manufacturing. The Fire Safety segment is supported by multi year contracts with agencies such as the Defense Logistics Agency and CAL FIRE, and management has highlighted pricing mechanisms designed to help offset input cost inflation. At the same time, the company is still working through losses and trades at a relatively high P/S multiple compared with peers, while insider selling and reliance on external borrowing contribute to the risk profile. For investors, the focus is often on whether contract backed revenue and recent earnings performance align with that valuation and financing structure.

Perimeter Solutions sits at the intersection of loss making financials and a premium P/S tag, supported by contract backed wildfire demand, so pressure test that mix against the 2 key rewards and 1 important warning sign

Xometry (XMTR)

Overview: Xometry runs an AI powered online marketplace that connects buyers who need custom manufactured parts with a global network of suppliers. It provides instant quotes, lead times, and production options across processes such as CNC machining, 3D printing, molding, and casting for industries ranging from aerospace to medical devices and energy.

Operations: Xometry generates about US$740.8m from its Internet Software & Services marketplace and related platforms, with roughly US$618.2m coming from the U.S. and US$122.6m from international customers.

Market Cap: US$5.3b

Xometry sits at the intersection of AI and industrial reshoring, giving U.S. manufacturers and infrastructure projects a digital way to source parts as energy costs and supply chain risks remain elevated. The company is still reporting losses, has relied on external borrowing, and trades on a rich P/S multiple, so execution on its profitability goals and cost discipline is important. At the same time, its revenue growth profile, trends in losses, insider buying around its AI strategy, and a Siemens equity stake and product integration indicate confidence from large industrial partners. For investors comparing infrastructure related stocks, the tension between Xometry’s growth expectations and its still early profit profile is a central consideration.

Xometry’s AI marketplace is trying to turn rich P/S expectations into real profitability. The tension between those two is where the story gets interesting, especially when lined up against the analyst forecasts for Xometry

The three stocks covered here are just a starting point. The full US Infrastructure and Industrial Stocks screener has identified 42 more companies with equally compelling narratives and exposure to themes like energy, logistics, and manufacturing, which you can review through the US Infrastructure and Industrial Stocks screener. Use Simply Wall St to identify and analyze the specific catalysts, balance sheet strength, and business profiles that fit your highest conviction ideas in this space.

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Seeking Fresh Alternatives Beyond These Stocks?

Fresh ideas do not stay under the radar for long. Before the next breakout gathers momentum and ideal entry points get caught by the crowd, scan these curated picks and consider your options.

• Identify companies where strong cash generation aligns with tempered expectations by reviewing a curated set of 45 high quality undervalued stocks while the gap between price and fundamentals remains meaningful.
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• Look at hardware and infrastructure suppliers that may benefit from AI adoption without burning cash by checking a focused basket of 49 AI infrastructure stocks while these opportunities are still less widely followed.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.