As valuations run ahead, time to be selective on both regions & companies. 6 real-estate stocks with an upside potential of up to 42%

When valuations are as expensive as they are now, it is time to be selective. But being selective is a generic term. For instance, the parameters used to pick a stock from the pharma industry would be very different from the ones used to buy infrastructure or capital goods stocks. The different macro and micro factors governing various sectors need to be taken into account. That’s being selective. Take the real estate sector. Stocks from the sector are not quoting at the same valuations they were four years ago. Given that it is a cyclical business, it is better to stay with players – or a region, in this case – that have a macro advantage.