John Wallace | Wednesday, 26th February, 2020 | More on: BBY KIE 2 stocks with high growth prospects I think can profit from HS2 I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by John Wallace The government’s approval for the HS2 high-speed rail enterprise connecting London with Birmingham, Manchester, and Leeds is Europe’s largest infrastructure project, costing a staggering £104 billion. Due to be completed by 2036, HS2 should synergise Britain’s economic potential, revitalise our dated transport system and reduce carbon emissions to fulfil reduction targets.It is hoped this large project will nourish an untapped source of wealth across the ‘northern powerhouse’ – and perhaps your portfolio, too!5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…UndervaluedBalfour Beatty (LSE: BBY) is trading 51% higher at the time of writing today than it did six months ago. The UK’s largest construction group – with a market cap of 1.95bn and a 10% increase in pre-tax profits this year -merely outpaced itsstruggling rivals. What makes BBY undervalued? Impressively, the annual rate of growth for Balfour Beatty’s earnings is 13%. It is predicted BBY’s profit margin will have expanded from 2.0% to 2.4% by 2022.With a current price to equity ratio of 10.32, compared with the industry standard of 14.24, this signifies its current share price is undervalued. Therefore, by outperforming earnings forecasts, I believe a rise in share price is likely.Positive news flowThe announcement of a two-part design and build contract, valued at £2.5 billion, awarded from the HS2 project helped increase BBY’s order book by 5% from £12.6bn in 2018 to £13.2bn in 2019. This positive news flow is one of many announcements shareholders will prosper from, in my opinion.If you consider the future potential of its earnings outlook, I think Balfour Beatty is a great value investment.Ready for boardingOver the past month, the Kier Group (LSE: KIE) share price has increased by 87% at the time of writing, from 80p to 149.5p. This came after Prime Minister Boris Johnson confirmed the continuation of the HS2 project, for which Kier is a contractor.This gem-like investment is an attractive alternative, but is the stock ready for boarding?The company’s share prices in the past two years has fallen 85%. Kier was weighted down by average month-end net debt of £422m during the 2018/19 financial year. However, management often overlooks a lot of off-balance-sheet debt when publishing net debt.Due to the company not publishing these figures, it is difficult to judge if the debt amount will be a problem or not. Since most borrowing is in joint ventures, it may not, therefore, be relevant to the business, and Kier may be financially stable.Despite Kier’s valuation, HS2 is helping to drive Kier’s share price. The impressive performance of the business winning over new contract agreements has helped to strengthen the company’s performance.Perhaps some brave Fools may be ready to board the stock. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address Image source: Getty Images. Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. John Wallace owns none of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. 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