Quick vendor Jim Chanos warned traders about piling into "virus shares" boosted by the coronavirus lockdown briefly.

"One space I'd warn individuals about for instance is the virus shares," Chanos mentioned on Thursday on CNBC's Halftime Report. They're "doing effectively proper now on this enforced lockdown. A whole lot of these corporations are actually not structurally progress shares which can be buying and selling at 30, 40, 50 instances earnings as a result of they're going to do effectively within the first and second quarters of 2020."

The founding father of Kynikos Associates listed Zoom Video, Teladoc, Peloton and Clorox as corporations getting a carry from the stay-at-home pattern amid the coronavirus pandemic. Shares of Zoom Video and Teladoc soared 85% and 94% this 12 months respectively on a surge in demand, whereas Clorox gained greater than 15%.

"In fact when the virus subsides, and everyone knows it'll, these corporations will most likely start to not look as enticing going ahead," Chanos mentioned. "I'd inform your viewers to be very, very cautious...