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Current DateTime: 05:15:22 27 Nov 2009
LinksList Documentid: 30328029

CNBC Stock Blog

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Mar.04
10:17 AM ET
Wednesday, 4 Mar 2009
Short Seller Chanos: Buy the Power-Grid Build-Out

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 [PWR  Loading...      ()   ].

Disclosures:

Disclosure information for James Chanos was not immediately available.

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More Power Grid Builders:

Foster Wheeler [FWLT  Loading...      ()   ]

Jacobs Engineering Group [JEC  Loading...      ()   ]

McDermott International [MDR  Loading...      ()   ]

Shaw Group [SGR  Loading...      ()   ]

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Current DateTime: 06:14:06 27 Nov 2009
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