stocks

Best Infrastructure Plays (They Ain't GE)

CNBC.com

While the credit crunch forced General Electric to cut its forecast, much of its international business remains strong.

In particular, its infrastructure divisions are reaping the benefits of fast-growing emerging markets.
(GE is the parent of CNBC.)

But Tim Seymour of Seygem Asset Management -- and a regular on CNBC's "Fast Money" -- says look beyond GE for some of the best infrastructure and utility plays in the southern hemisphere.

Recommendations:

Endesa -- Generates power in Chile, Argentina, Brazil, Colombia, Peru.

Enersis -- Power utility and real estate development, also in Chile, Argentina, Brazil, Colombia, Peru.

Saneamento Basico -- Water and sewage company in Brazil's biggest state.

  • Learn more: Watch the entire Seymour interview (4 mins, 13 secs)

Disclosure:

Tim doesn't own any of these stocks.  

Disclaimer