HCP Inc (HCP): Today's Featured Real Estate Winner
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 or Stephanie Link.
(
) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole closed the day down 0.2%. By the end of trading, HCP rose $0.47 (1.2%) to $40.45 on average volume. Throughout the day, 4,551,177 shares of HCP exchanged hands as compared to its average daily volume of 3,246,500 shares. The stock ranged in a price between $39.29-$41.27 after having opened the day at $39.86 as compared to the previous trading day's close of $39.98. Other companies within the Real Estate industry that increased today were:
(
), up 19.4%,
(
), up 14.7%,
(
), up 7.6% and
(
), up 7.1%.
HCP, Inc. is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. HCP has a market cap of $17.9 billion and is part of the financial sector. Shares are down 11.5% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate HCP a buy, 2 analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
HCP
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, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full HCP Ratings Report.
On the negative front,
Income Opportunity Realty Investors
(
), down 12.5%,
(
), down 4.7%,
(
), down 4.6% and
(
), down 4.4% , were all laggards within the real estate industry with
(
) being today's real estate industry laggard.
- Use our real estate section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, 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
(
).
- Find other investment ideas from our top rated ETFs lists.
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