3 Stocks Moving The Real Estate Industry Upward
Two out of the three major indices are trading lower today with the
Dow Jones Industrial Average
(
^DJI
) trading down 6 points (0.0%) at 17,753 as of Wednesday, Nov. 11, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,244 issues advancing vs. 1,682 declining with 165 unchanged.
The Real Estate industry currently is unchanged today versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include
Santander Consumer USA Holdings
(
), down 1.9%,
(
), down 0.7% and
(
), down 0.7%.
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, CubeSmart is up $0.48 (1.8%) to $27.94 on average volume. Thus far, 755,883 shares of CubeSmart exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $27.69-$28.00 after having opened the day at $27.99 as compared to the previous trading day's close of $27.46.
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.
CubeSmart is a self-administered and self-managed real estate company focused on the ownership, operation, acquisition and development of self-storage facilities in the United States. CubeSmart has a market cap of $4.6 billion and is part of the financial sector. Shares are up 24.4% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate CubeSmart a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
CubeSmart
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, increase in net income, solid stock price performance and notable return on equity. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full
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,
(
) is up $0.43 (1.3%) to $33.77 on light volume. Thus far, 291,437 shares of Brookfield Asset Management exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $33.35-$33.79 after having opened the day at $33.45 as compared to the previous trading day's close of $33.34.
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 $31.3 billion and is part of the financial sector. Shares are down 0.2% year-to-date as of the close of trading on Tuesday. 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 revenue growth, reasonable valuation levels and solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income. 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,
(
) is up $0.88 (0.5%) to $173.37 on light volume. Thus far, 110,169 shares of AvalonBay Communities exchanged hands as compared to its average daily volume of 778,100 shares. The stock has ranged in price between $172.29-$173.62 after having opened the day at $173.62 as compared to the previous trading day's close of $172.49.
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.
AvalonBay Communities, Inc. engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities in the United States. AvalonBay Communities has a market cap of $23.3 billion and is part of the financial sector. Shares are up 5.6% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts who rate AvalonBay Communities a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
AvalonBay Communities
as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins, solid stock price performance and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full
AvalonBay Communities 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
(
).