Famed investor Steve Eisman, has shifted his focus to infrastructure, citing three main reasons.
The pandemic-induced shift towards onshore investment, the rise of AI necessitating data centre expansion, and the global push towards greener energy.
Eisman believes these trends offer a decade-long opportunity for investors, with Australia presenting ample opportunities for market participation.
Notable companies to consider for exposure include BlueScope and James Hardie Industries for building materials, Macquarie Technology and Goodman Group for data centres, and Worley, AGL Energy, and Origin Energy for electricity grid upgrades and green infrastructure.
However, Eisman cautions investors to approach utility investments carefully, considering their capital expenditure budgets in renewable energy and grid upgrades.
