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 Tech
  • $68.31
  • +0.06%
  • $68.47

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 Sab De Cv A
  • $11.23
  • +0.72%
  • $11.19

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

People owning CX also tend to own: BVNCHTDALRQ.PKECPGMSFTMSMPALM

TheStreet.com Rating: D+ What is this?

  • +
  • IR
    Ingersoll Rand Lt
  • $35.82
  • +0.70%
  • $35.52

They too have debt, which creates headwind.

People owning IR also tend to own: AHSCHKCVSFGSLLYLOW

TheStreet.com Rating: C- What is this?

  • +
  • HTZ
    Hertz Global Hold
  • $10.00
  • +0.20%
  • $10.03

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 Engineerng
  • $36.61
  • +1.75%
  • $36.06

Adami suggested Jacobs Engineering (JEC) as a short.

People owning JEC also tend to own: AKAMCMGFCXGOOGRIGTJXCHL

TheStreet.com Rating: B- What is this?

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