Brookfield Asset Management Inc (BAM): Today's Featured Real Estate Winner

Brookfield Asset Management ( BAM) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole closed the day down 0.4%. By the end of trading, Brookfield Asset Management rose 38 cents (1.2%) to $32.22 on average volume. Throughout the day, 1.3 million shares of Brookfield Asset Management exchanged hands as compared to its average daily volume of one million shares. The stock ranged in a price between $32.05-$32.38 after having opened the day at $32.15 as compared to the previous trading day's close of $31.84. Other companies within the Real Estate industry that increased today were: Income Opportunity Realty Investors ( IOT), up 33.5%, Maui Land & Pineapple Company ( MLP), up 6.7%, Vestin Realty Mortgage I ( VRTA), up 6%, and Institutional Financial Markets ( IFMI), up 4.6%.

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 $18.98 billion and is part of the financial sector. The company has a P/E ratio of 9.9, equal to the average real estate industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 11.8% year to date as of the close of trading on Wednesday. Currently there are eight analysts that 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. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the negative front, SYSWIN ( SYSW), down 10.3%, NTS Realty Holdings ( NLP), down 8.4%, American Realty Investors ( ARL), down 6.8%, and Arbor Realty ( ABR), down 6.7%, were all losers within the real estate industry with HCP ( HCP) being today's real estate industry loser.

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 ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).