3 ETFs for Obama's Public Works Plan

(TheStreet) -- Exchange-traded funds that track infrastructure, transportation and industrial metals could be affected by President Obama's proposal for a public works plan aimed at bolstering the U.S. economy. Such funds include iShares Dow Jones Transportation Average IYT, the PowerShares Dynamic Building & Construction Portfolio PKB and the PowerShares DB Base Metals DBB. This latest plan is estimated to cost as much as $50 billion over the next six years and includes rebuilding nearly 15,000 miles of road, constructing nearly 4,000 miles of railway, revamping airport runways and modernizing the air traffic control system. Additionally, President Obama called for an "infrastructure bank" that would focus on funding regional transportation upgrades. To read the rest, head over to TheStreet.com