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5 Stocks Pushing The Real Estate Industry Higher

Editor's Note: 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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 13 points (0.1%) at 14,463 as of Wednesday, March 13, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,568 issues advancing vs. 1,298 declining with 138 unchanged.

The Real Estate industry currently sits up 0.3% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Strategic Hotels & Resorts ( BEE), up 2.7%, PennyMac Mortgage Investment ( PMT), up 2.5%, W. P. Carey ( WPC), up 0.9%, AvalonBay Communities ( AVB), up 0.8% and Equity Residential ( EQR), up 0.8%. A company within the industry that fell today was Extra Space Storage ( EXR), up 1.1%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. Starwood Property ( STWD) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Starwood Property is up $0.26 (1.0%) to $28.08 on light volume Thus far, 400,493 shares of Starwood Property exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $27.69-$28.10 after having opened the day at $27.80 as compared to the previous trading day's close of $27.82.

Starwood Property Trust, Inc. engages in originating, investing in, financing, and managing commercial mortgage loans, other commercial real estate debt investments, commercial mortgage-backed securities, and other commercial real estate-related debt investments. Starwood Property has a market cap of $3.7 billion and is part of the financial sector. The company has a P/E ratio of 15.7, below the S&P 500 P/E ratio of 17.7. Shares are up 21.2% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Starwood Property a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Starwood Property as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, compelling growth in net income, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Starwood Property Ratings Report now.

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