This 'Big Short' Investor Is Taking The Plunge Into Infrastructure: 'There's Plenty Of Other Stories Other Than Tech'
Portfolio Pulse from Bibhu Pattnaik
Steve Eisman, the investor known for predicting the 2008 financial crisis, is betting on US infrastructure, citing greenification initiatives as a potential investment opportunity. He mentioned Quanta Services Inc (NYSE:PWR) as an example of a utility stock with significant growth potential.
June 18, 2023 | 5:47 pm
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Steve Eisman mentioned Quanta Services Inc (NYSE:PWR) as an example of a utility stock with significant growth potential, with shares trading at $187, up 34% since the beginning of 2023.
Steve Eisman's mention of Quanta Services Inc (NYSE:PWR) as an example of a utility stock with significant growth potential due to greenification initiatives and infrastructure investments could attract more investors to the stock, driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100