Fast Money's Construction Short Trades
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Created by barrons2
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Date updated:03-04-2008

Construction spending took its biggest nosedive in 14 years and manufacturing activity contracted, fresh trouble signs for a struggling economy, explains Dylan Ratigan.

What's the trade as a decline in construction spending threatens our already fragile economy?

symbol name last price % change open
  • +
  • UTX
    United Technologi
  • $55.58
  • 0.00%
  • $55.21

Although they are a conglomerate, they have a pretty big exposure to the construction space with their HVAC, Carrier and Otis elevator businesses. I think you can short this stock, counsels Finerman.

People owning UTX also tend to own: PNRASHFLSIRIXMSRCLHCBKJCP

TheStreet.com Rating: B- What is this?

  • +
  • CX
    Cemex S.a.b. De C
  • $10.94
  • 0.00%
  • $10.79

It has a lot of exposure to California and they have a lot of debt.

People owning CX also tend to own: AAADPAVPBACBRK-BBUDCSCO

TheStreet.com Rating: C- What is this?

  • +
  • IR
    Ingersoll-rand Co
  • $21.51
  • 0.00%
  • $21.74

They too have debt, which creates headwind.

People owning IR also tend to own: AHSCHKCVSFGSLLYLOW

TheStreet.com Rating: D What is this?

  • +
  • HTZ
    Hertz Global Hold
  • $6.79
  • 0.00%
  • $7.10

A lot of their income comes from rental equipment.

People owning HTZ also tend to own: CBSTGLDJDSUHALMPELAAPLCSCO

TheStreet.com Rating: D- What is this?

  • +
  • JEC
    Jacobs Engineerin
  • $44.88
  • 0.00%
  • $45.00

Adami suggested Jacobs Engineering (JEC) as a short.

People owning JEC also tend to own: AKAMCMGFCXGOOGRIGTJXCHL

TheStreet.com Rating: C What is this?

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