GO
Loading...

Short Seller Chanos: Buy the Power-Grid Build-Out

Wednesday, 4 Mar 2009 | 10:17 AM ET

Renowned short-seller James Chanos says his only long position these days is in the power-grid build-out companies. But he has a caveat about other types of building.

"We're short construction companies that are still doing physical build-out of buildings, say, for example, in Las Vegas," the president and founder of Kynikos Associates told CNBC. "It's just a disaster, from a construction point of view."

Recommendations:

One of his favorite power-grid builders is Quanta Services.

Disclosures:

Disclosure information for James Chanos was not immediately available.

______________________________
More Power Grid Builders:

Foster Wheeler

Jacobs Engineering Group

McDermott International

Shaw Group

______________________________

Disclaimer

  Price   Change %Change
FWLT
---
JEC
---
MDR
---
PWR
---
SGR
---

Featured