3 Stocks Pushing The Real Estate Industry Higher
1. As of noon trading, Host Hotels & Resorts ( HST) is up $0.10 (0.7%) to $14.50 on light volume Thus far, 2.1 million shares of Host Hotels & Resorts exchanged hands as compared to its average daily volume of 7.7 million shares. The stock has ranged in price between $14.46-$14.59 after having opened the day at $14.50 as compared to the previous trading day's close of $14.40. Host Hotels & Resorts, Inc. is a publicly owned real estate investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. It invests in the real estate markets of United States. Host Hotels & Resorts has a market cap of $10.5 billion and is part of the financial sector. The company has a P/E ratio of 483.0, above the S&P 500 P/E ratio of 17.7. Shares are down 2.5% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Host Hotels & Resorts a buy, no analysts rate it a sell, and 11 rate it a hold. TheStreet Ratings rates Host Hotels & Resorts as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and unimpressive growth in net income. Get the full Host Hotels & Resorts Ratings Report now. Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK). A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
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