5 Stocks Pushing The Real Estate Industry Lower

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

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 40 points (0.3%) at 12,582 as of Friday, Nov. 16, 2012, 11:59 AM ET. The NYSE advances/declines ratio sits at 1,549 issues advancing vs. 1,392 declining with 99 unchanged.

The Real Estate industry currently is unchanged today versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the industry include Extra Space Storage ( EXR), down 1.8%, and Vornado Realty ( VNO), down 0.6%. Top gainers within the industry include American Capital Agency ( AGNC), up 3.7%, Hatteras Financial Corporation ( HTS), up 2.9%, MFA Financial ( MFA), up 2.7%, Annaly Capital Management ( NLY), up 1.6% and American Tower ( AMT), up 1.3%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. Brookfield Asset Management ( BAM) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Brookfield Asset Management is down $0.36 (-1.1%) to $32.51 on light volume Thus far, 223,148 shares of Brookfield Asset Management exchanged hands as compared to its average daily volume of 788,200 shares. The stock has ranged in price between $32.40-$32.99 after having opened the day at $32.91 as compared to the previous trading day's close of $32.87.

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 $20.7 billion and is part of the financial sector. The company has a P/E ratio of 16.6, below the S&P 500 P/E ratio of 17.7. Shares are up 20.8% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Brookfield Asset Management a buy, no analysts rate it a sell, and 1 rates 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 revenue growth, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Brookfield Asset Management Ratings Report now.

If you liked this article you might like

P&G's Director Problem Takes Center Stage in Battle With Activist Nelson Peltz

Peltz's Battle Puts Spotlight on P&G's Director Problem

How to Access Asia-Focused Private Property Funds Through Listed Markets

COST, AAPL, UA: Jim Cramer's Views

With Troubled Turkey Leading the World in Home-Price Growth, What's Going On?