Welcome to Extreme Investor Network, where we bring you expert insights and analysis on the latest investing trends. Today, we’re diving into the world of infrastructure stocks with none other than Steve Eisman of “The Big Short” fame.
Eisman, who famously predicted and profited from the subprime mortgage crisis, has recently been bullish on infrastructure stocks after immersing himself in the industry for the past two years. In a recent interview on Bloomberg’s “Odd Lots” podcast, Eisman revealed that he has narrowed down his universe of investable stocks to 80, with about 30 catching his eye as particularly interesting.
One sector that Eisman has been closely watching is solar energy. While he has passed up on residential solar companies that have already seen significant gains during the pandemic, he is keen on solar panel companies that sell to utilities. In addition, Eisman has expressed interest in Eaton Corporation, a company involved in electrification for factories. Although he does not currently own the stock, Eisman has conducted extensive research on the firm.
Another company that has caught Eisman’s attention is CRH PLC, a materials company headquartered in Ireland with a strong presence in the U.S. Eisman started buying shares of CRH after the company relisted in the U.S. in September, and the stock has seen impressive gains over the past year.
Eisman’s track record of successful investing, highlighted in books and movies like “The Big Short,” makes his insights valuable for investors seeking opportunities in the market. As he continues to identify promising sectors and companies, it’s worth keeping an eye on his latest picks in the infrastructure space.
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