Steve Eisman
"Big Short" investor Steve Eisman.
  • Investors should stay away from bank stocks with more market turmoil on the cards, according to Steve Eisman.
  • "They're still uninvestable," he said Tuesday.
  • Eisman also said to avoid homebuilder stocks, which have been battered by rising interest rates.

Steer clear of bank stocks with the turmoil from earlier this year likely to rear its head again soon, Steve Eisman has warned.

"They're still uninvestable," the "Big Short" investor told CNBC's "Fast Money" Tuesday, citing tightening net interest margins, customers pulling their excess deposits, and regulators upping lenders' capital requirements as threats to the sector.