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

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 9 points (-0.1%) at 12,786 as of Tuesday, Nov. 20, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,471 issues advancing vs. 1,424 declining with 128 unchanged.

The Real Estate industry currently sits up 0.2% versus the S&P 500, which is up 0.0%. Top gainers within the industry include Realty Income Corporation ( O), up 1.1%, Weyerhaeuser ( WY), up 0.8%, Brookfield Asset Management ( BAM), up 0.7%, Host Hotels & Resorts ( HST), up 0.6% and HCP ( HCP), up 0.5%. A company within the industry that fell today was Public Storage ( PSA), up 0.7%.

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

4. Douglas Emmett ( DEI) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Douglas Emmett is up $0.48 (2.2%) to $22.58 on average volume Thus far, 554,320 shares of Douglas Emmett exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $21.90-$22.60 after having opened the day at $22.12 as compared to the previous trading day's close of $22.10.

Douglas Emmett, Inc., a real estate investment trust, owns and operates office and multifamily properties in California and Hawaii. As of December 31, 2007, the company's office portfolio consisted of 48 properties and multifamily portfolio consisted of 9 properties. Douglas Emmett has a market cap of $3.1 billion and is part of the financial sector. The company has a P/E ratio of 144.9, above the S&P 500 P/E ratio of 17.7. Shares are up 21.2% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Douglas Emmett a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Douglas Emmett as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Get the full Douglas Emmett Ratings Report now.

3. As of noon trading, Digital Realty ( DLR) is up $0.43 (0.7%) to $63.11 on light volume Thus far, 518,375 shares of Digital Realty exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $62.52-$63.39 after having opened the day at $62.89 as compared to the previous trading day's close of $62.68.

Digital Realty Trust, Inc., a real estate investment trust (REIT), through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. Digital Realty has a market cap of $7.6 billion and is part of the financial sector. The company has a P/E ratio of 42.1, above the S&P 500 P/E ratio of 17.7. Shares are down 6.0% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Digital Realty a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Digital Realty as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Digital Realty Ratings Report now.

2. As of noon trading, Health Care REIT ( HCN) is up $0.49 (0.8%) to $60.57 on light volume Thus far, 385,530 shares of Health Care REIT exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $59.94-$60.63 after having opened the day at $60.18 as compared to the previous trading day's close of $60.08.

Health Care REIT, Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. Health Care REIT has a market cap of $15.5 billion and is part of the financial sector. The company has a P/E ratio of 64.0, above the S&P 500 P/E ratio of 17.7. Shares are up 9.2% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Health Care REIT a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Health Care REIT as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Health Care REIT Ratings Report now.

1. As of noon trading, American Express ( AXP) is up $0.37 (0.7%) to $55.60 on light volume Thus far, 1.2 million shares of American Express exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $54.92-$55.74 after having opened the day at $55.05 as compared to the previous trading day's close of $55.23.

American Express Company provides charge and credit payment card products and travel-related services to customers worldwide. American Express has a market cap of $60.8 billion and is part of the financial sector. The company has a P/E ratio of 12.6, below the S&P 500 P/E ratio of 17.7. Shares are up 17.1% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate American Express a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates American Express as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, increase in net income, increase in stock price during the past year and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full American Express 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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