Louis Navellier: Sell Construction, Real Estate & Banks.....

If you have any money in construction, real estate and PSU banks, get out now! These stocks will be fatal to your portfolio when the next round of economic reports comes out next week.

Here’s why:

1. Many are not only losing customers and market share but also are facing permanent decline as the economy tightens and they fall further behind their competition as next week’s economic reports will clearly show.
   
   
2. Their profit progress to date is simply unsustainable because most of their 2010 and first quarter 2011 profits came from downsizing and not revenue growth, which is about to hit a brick wall and send a shockwave throughout Wall Street.
   
   
3. Those with bloated valuations and who are up to their eyeballs in debt will fall the furthest the fastest as soaring energy prices and rising inflation and rising interest rates crush earnings—that describes our 32 stocks to sell below to a “T.”
   
   
4. Our research shows the biggest collapse will come in the next 24 to 48 hours, as our sell-side report goes viral—before next week’s reports reveal the truth—and the public along with pension funds follow our lead in mass and abandon ship.
   

Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.

Nothing in this article is, or should be construed as, investment advice.