Steve Eisman is looking beyond the hype around tech, and is betting big on US infrastructure. He cited one utility stock that's jumped 34% year to date, due to infrastructure needs. Citing a utility stock called Quanta Services, he said "the opportunities for the company have been enormous, so the stock has been revalued." Eisman has bet on the grid since at least February, when he said that tech stocks might struggle in the face of climbing interest rates. Though he said on the podcast that tech stocks are investible for a long time, he said it's unclear how they may move in the future.

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Persons: Steve Eisman, Bloomberg's, —, United States — everybody's, Neuberger Berman, Eisman, — Eisman, it's Organizations: Service Locations: United States