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.

3. As of noon trading, Chimera Investment Corporation ( CIM) is up $0.18 (7.1%) to $2.73 on heavy volume Thus far, 12.8 million shares of Chimera Investment Corporation exchanged hands as compared to its average daily volume of 7.6 million shares. The stock has ranged in price between $2.61-$2.76 after having opened the day at $2.61 as compared to the previous trading day's close of $2.55.

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. Chimera Investment Corporation has a market cap of $2.6 billion and is part of the financial sector. The company has a P/E ratio of 4.6, below the S&P 500 P/E ratio of 17.7. Shares are up 2.4% year to date as of the close of trading on Friday. Currently there are no analysts that rate Chimera Investment Corporation a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Chimera Investment Corporation as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. Get the full Chimera Investment Corporation Ratings Report now.

2. As of noon trading, SL Green Realty Corporation ( SLG) is up $1.19 (1.6%) to $74.56 on average volume Thus far, 365,866 shares of SL Green Realty Corporation exchanged hands as compared to its average daily volume of 583,100 shares. The stock has ranged in price between $73.45-$74.74 after having opened the day at $74.08 as compared to the previous trading day's close of $73.37.

SL Green Realty Corp. is a real estate investment trust (REIT). The firm engages in the property management, acquisitions, financing, development, construction, and leasing. It also provides tenant services to its clients. The firm invests in real estate markets of the United States. SL Green Realty Corporation has a market cap of $6.7 billion and is part of the financial sector. The company has a P/E ratio of 57.4, above the S&P 500 P/E ratio of 17.7. Shares are up 11.1% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate SL Green Realty Corporation a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates SL Green Realty Corporation as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. Get the full SL Green Realty Corporation Ratings Report now.

1. As of noon trading, Annaly Capital Management ( NLY) is up $0.12 (0.8%) to $15.10 on average volume Thus far, 8.7 million shares of Annaly Capital Management exchanged hands as compared to its average daily volume of 13.2 million shares. The stock has ranged in price between $15.05-$15.21 after having opened the day at $15.07 as compared to the previous trading day's close of $14.98.

Annaly Capital Management, Inc., a real estate investment trust, engages in the ownership, management, and financing of a portfolio of investment securities. Annaly Capital Management has a market cap of $14.5 billion and is part of the financial sector. The company has a P/E ratio of 9.8, below the S&P 500 P/E ratio of 17.7. Shares are down 6.8% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Annaly Capital Management a buy, 4 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Annaly Capital Management as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, attractive valuation levels, growth in earnings per share, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Annaly Capital Management Ratings Report now.

If you are interested in one of these 4 stocks, 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).

A reminder about TheStreet Ratings group: 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.
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