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Best Infrastructure Plays (They Ain't GE)

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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