4 Stocks Pushing The Real Estate Industry Higher

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 20 points (-0.2%) at 12,795 as of Monday, Nov. 12, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,283 issues advancing vs. 1,555 declining with 129 unchanged.

The Real Estate industry currently sits down 0.1% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Brookfield Asset Management ( BAM), up 1.2%, and CIT Group ( CIT), up 0.6%. A company within the industry that fell today was Icahn ( IEP), up 2.0%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today:

4. CreXus Investment ( CXS) is one of the companies pushing the Real Estate industry higher today. As of noon trading, CreXus Investment is up $1.31 (11.8%) to $12.41 on heavy volume Thus far, 7.9 million shares of CreXus Investment exchanged hands as compared to its average daily volume of 473,500 shares. The stock has ranged in price between $12.32-$12.67 after having opened the day at $12.65 as compared to the previous trading day's close of $11.10.

CreXus Investment Corp., through its subsidiaries, operates as a commercial real estate company. CreXus Investment has a market cap of $841.4 million and is part of the financial sector. The company has a P/E ratio of 8.9, below the S&P 500 P/E ratio of 17.7. Shares are up 5.8% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate CreXus Investment a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates CreXus Investment as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and feeble growth in the company's earnings per share. Get the full CreXus Investment Ratings Report now.

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