
3 Real Estate Stocks Driving The Industry Higher
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 87 points (0.5%) at 17,750 as of Monday, Nov. 2, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 2,154 issues advancing vs. 798 declining with 159 unchanged.
The Real Estate industry currently sits up 0.2% versus the S&P 500, which is up 0.7%. Top gainers within the industry include
(
), up 3.5%,
(
), up 2.2%,
(
), up 1.9%,
(
), up 1.8% and
(
), up 1.7%. A company within the industry that fell today was
(
), up 3.8%.
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, Host Hotels & Resorts is up $0.21 (1.2%) to $17.54 on light volume. Thus far, 2.2 million shares of Host Hotels & Resorts exchanged hands as compared to its average daily volume of 9.4 million shares. The stock has ranged in price between $17.20-$17.54 after having opened the day at $17.20 as compared to the previous trading day's close of $17.33.
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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 $12.9 billion and is part of the financial sector. Shares are down 27.1% year-to-date as of the close of trading on Friday. Currently there are 3 analysts who rate Host Hotels & Resorts a buy, 2 analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates
Host Hotels & Resorts
as a
. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and a generally disappointing performance in the stock itself. Get the full
Host Hotels & Resorts Ratings Report
now.
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2. As of noon trading,
(
) is up $0.87 (0.8%) to $103.10 on average volume. Thus far, 1.0 million shares of American Tower exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $102.29-$103.57 after having opened the day at $102.39 as compared to the previous trading day's close of $102.23.
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American Tower Corporation is a real estate investment trust. It invests in the real estate markets across the globe. American Tower has a market cap of $43.2 billion and is part of the technology sector. Shares are up 3.4% year-to-date as of the close of trading on Friday. Currently there are 16 analysts who rate American Tower a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates
American Tower
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins 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
now.
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1. As of noon trading,
(
) is up $2.12 (1.1%) to $203.58 on light volume. Thus far, 314,304 shares of Simon Property Group exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $201.23-$204.25 after having opened the day at $201.60 as compared to the previous trading day's close of $201.46.
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Simon Property Group, Inc. is an equity real estate investment trust. The firm invests in the real estate markets across the globe. It engages in investment, ownership, management, and development of properties. Simon Property Group has a market cap of $63.2 billion and is part of the financial sector. Shares are up 10.6% year-to-date as of the close of trading on Friday. Currently there are 14 analysts who rate Simon Property Group a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Simon Property Group
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, solid stock price performance and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full
Simon Property Group 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
(
).








