- Stock Rally May Drive Strong Consumer Spending: Economist
- 5 Ways to Play the Chinese Markets: Analyst
- 3 Stock Plays on Rising College Costs
- My Ratings on Lowe's & Home Depot: Analyst
- Five Stock Picks and a Short-Term S&P Call
- My Market and Fed Outlook Now: BlackRock's Doll
- Dollar is Not Plunging—So 'Calm Down': Market Strategist
- Strategists Say Markets Have More Upside — But How Much?
- 10 Stock Picks for This 'Gradual Recovery'
- Recovery's Real Shape? Not a W: Stock Picker
MOST SHARED
- Stocks Overvalued, Recession Will Return: Meredith Whitney
- Has Twitter's Finest Hours (Seconds) Come and Gone?
- U.S. May Wind Up Green With Envy
- Warren Buffett's Berkshire Hathaway Almost Doubles Wal-Mart Holdings During Summer
- BofA Ex-Counsel: I Was 'Stunned' When I Got Fired
- Solar Emerges From A Dark Period
- CNBC Video: Warren Buffett & Bill Gates - Keeping American Great
- Stanford Receiver to Release Funds Of Frozen Acounts
- Millions May Have to Repay Part of Obama Tax Credit
- Gold Is in a 'Bubble' And Will Keep Going Higher: Gartman
- Answers to Your Questions: A Path to Economic Disaster?
- 5 Ways to Play the Chinese Markets: Analyst
- Meredith Whitney: Turns Bearish
- 3 Stock Plays on Rising College Costs
- Warren Buffett's Berkshire Hathaway Almost Doubles Wal-Mart Holdings During Summer
- Nov. 16: Unusual Volume Leaders
- Getting to the Heart of the Merck-Abbott Embargo Break
- What MGM's Sale Could Say About Value of Content
- My Ratings on Lowe's & Home Depot: Analyst
- Stocks May Rise Further after Fed Waves on 'Risk Trade'
- Obama in China Grapples with Economic Strains
- Buffett's Berkshire Hathaway Boosts Stake in Wal-Mart
- Microsoft Co-founder Allen Diagnosed with Cancer
- Time Warner to Spin Off AOL on December 9
- Gates Boosts Waste Management, Coca Cola Stakes
- What's Kept Stock Rally Going? Fear, Not Confidence
- US Cities With Most Underwater Mortgages
- Citi Shares, A Strange Indicator Of Unemployment?
RSS FEED
CNBC Stock Blog
Text Size 
Benjamin Halliburton acknowledges a global slowdown, but he doesn't think it will lead to a "bust" in the infrastructure build-out.
"When you look at the long-term trends in infrastructure, they're still going to be up," Tradition Capital Management's chief investment officer told CNBC.
Recommendations:
Infrastructure
That leads him to recommend Foster Wheeler [FWLT
Loading...
()
].
"There's still these huge power projects that are going to take place," he explained. "Foster Wheeler should earn at least four dollars next year, and they're going to continue to have backlog growth into '09."
Others
Other recession-resistant stocks he likes include Vodafone Group [VOD
Loading...
()
] and drugmaker Schering Plough [SGP
Loading...
()
].
Disclosures:
Disclosure information was not immediately available for Benjamin Halliburton or his company.
Data is a real-time snapshot *Data is delayed at least 15 minutes