3 Real Estate Stocks Pushing Industry Growth
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.
Two out of the three major indices are trading lower today with the
Dow Jones Industrial Average
(
^DJI
) trading down 41 points (-0.2%) at 18,075 as of Tuesday, March 24, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,371 issues advancing vs. 1,586 declining with 175 unchanged.
The Real Estate industry currently sits down 0.4% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the industry include
(
), down 3.2%,
(
), down 2.2%,
(
), down 1.9%,
(
), down 1.8% and
(
), down 1.7%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3.
(
) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Nationstar Mortgage Holdings is up $1.46 (4.9%) to $31.00 on average volume. Thus far, 321,534 shares of Nationstar Mortgage Holdings exchanged hands as compared to its average daily volume of 828,500 shares. The stock has ranged in price between $30.64-$31.23 after having opened the day at $31.08 as compared to the previous trading day's close of $29.54.
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Nationstar Mortgage Holdings Inc. provides servicing, origination, and transaction based services to single-family residences in the United States. It operates in three segments: Servicing, Originations, and Solutionstar. Nationstar Mortgage Holdings has a market cap of $2.7 billion and is part of the financial sector. Shares are up 4.8% year-to-date as of the close of trading on Monday. Currently there are 3 analysts who rate Nationstar Mortgage Holdings a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Nationstar Mortgage Holdings
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and increase in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and a generally disappointing performance in the stock itself. Get the full
Nationstar Mortgage Holdings Ratings Report
now.
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2. As of noon trading,
(
) is up $0.39 (0.7%) to $54.62 on average volume. Thus far, 303,635 shares of Brookfield Asset Management exchanged hands as compared to its average daily volume of 544,400 shares. The stock has ranged in price between $54.01-$54.83 after having opened the day at $54.29 as compared to the previous trading day's close of $54.23.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Brookfield Asset Management Inc. is a publicly owned asset management holding company. Through its subsidiaries the firm invests in the property, power, and infrastructure sectors. Brookfield Asset Management has a market cap of $33.7 billion and is part of the financial sector. Shares are up 8.2% year-to-date as of the close of trading on Monday. Currently there are 3 analysts who rate Brookfield Asset Management a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Brookfield Asset Management
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, reasonable valuation levels, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full
Brookfield Asset Management Ratings Report
now.
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1. As of noon trading,
(
) is up $0.47 (1.1%) to $44.78 on light volume. Thus far, 428,380 shares of Realogy Holdings exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $44.19-$44.97 after having opened the day at $44.19 as compared to the previous trading day's close of $44.31.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Realogy Holdings Corp. provides real estate and relocation services worldwide. Realogy Holdings has a market cap of $6.5 billion and is part of the financial sector. Shares are down 0.4% year-to-date as of the close of trading on Monday. Currently there are 9 analysts who rate Realogy Holdings a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Realogy Holdings
as a
. Among the primary strengths of the company is its revenue growth. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full
Realogy Holdings Ratings Report
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
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
(
) while those bearish on the real estate industry could consider
ProShares Short Real Estate Fund
(
).
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