3 Real Estate Stocks Pushing The Industry Higher

TheStreet highlights 3 stocks pushing the internet industry higher today.
By TheStreet Wire ,

All three major indices are trading up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 137 points (0.7%) at 18,509 as of Thursday, July 14, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,870 issues advancing vs. 1,053 declining with 127 unchanged.

The Real Estate industry currently sits down 0.1% versus the S&P 500, which is up 0.5%. Top gainers within the industry include

Realogy Holdings

(

RLGY

), up 2.2%,

CBRE Group

(

CBG

), up 1.5%,

Brookfield Property Partners

(

BPY

), up 1.5%,

Host Hotels & Resorts

(

HST

), up 1.0% and

American Tower

(

AMT

), up 0.5%. On the negative front, top decliners within the industry include

Digital Realty

(

DLR

), down 2.1%,

CubeSmart

(

CUBE

), down 1.8%,

Spirit Realty Capital

(

SRC

), down 1.7%,

Ventas

(

VTR

), down 1.4% and

National Retail Properties

(

NNN

), down 1.5%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3.

Momo

(

MOMO

) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Momo is up $0.49 (4.0%) to $12.70 on average volume. Thus far, 685,302 shares of Momo exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $12.38-$13.15 after having opened the day at $12.82 as compared to the previous trading day's close of $12.21.

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.

Momo Inc. operates as a mobile-based social networking platform in the People's Republic of China. The company's platform includes its Momo mobile application and various related features, functionalities, tools, and services that are provided to users, customers, and platform partners. Momo has a market cap of $2.4 billion and is part of the technology sector. Shares are down 23.8% year-to-date as of the close of trading on Wednesday. Currently there are no analysts who rate Momo a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates

Momo

as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow. Get the full

Momo 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.

2. As of noon trading,

Brookfield Asset Management

(

BAM

) is up $0.51 (1.5%) to $35.50 on light volume. Thus far, 363,930 shares of Brookfield Asset Management exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $34.97-$35.55 after having opened the day at $35.40 as compared to the previous trading day's close of $34.99.

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 $33.3 billion and is part of the financial sector. Shares are up 11.0% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts who rate Brookfield Asset Management a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates

Brookfield Asset Management

as a

buy

. Among the primary strengths of the company is its revenue growth. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full

Brookfield Asset Management 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.

1. As of noon trading,

Jones Lang LaSalle

(

JLL

) is up $1.73 (1.7%) to $103.72 on light volume. Thus far, 122,333 shares of Jones Lang LaSalle exchanged hands as compared to its average daily volume of 567,700 shares. The stock has ranged in price between $103.23-$104.44 after having opened the day at $103.50 as compared to the previous trading day's close of $101.99.

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.

Jones Lang LaSalle Incorporated, a financial and professional services company, provides commercial real estate and investment management services worldwide. Jones Lang LaSalle has a market cap of $4.6 billion and is part of the financial sector. Shares are down 36.2% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts who rate Jones Lang LaSalle a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Jones Lang LaSalle

as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. Get the full

Jones Lang LaSalle 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

(

IYR

) while those bearish on the real estate industry could consider

ProShares Short Real Estate Fund

(

REK

).

Loading ...