3 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 57 points (-0.4%) at 13,961 as of Wednesday, Feb. 13, 2013, 11:45 AM ET. The NYSE advances/declines ratio sits at 1,624 issues advancing vs. 1,238 declining with 155 unchanged.

The Real Estate industry currently sits up 0.3% versus the S&P 500, which is unchanged. Top gainers within the industry include Brookfield Residential Properties ( BRP), up 6.8%, Icahn ( IEP), up 2.2%, CBRE Group ( CBG), up 1.0%, Brookfield Office Properties ( BPO), up 0.8% and Weyerhaeuser ( WY), up 0.6%.

TheStreet Ratings group would like to highlight 3 stocks pushing the industry higher today:

3. Howard Hughes ( HHC) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Howard Hughes is up $2.48 (3.4%) to $75.19 on heavy volume Thus far, 141,437 shares of Howard Hughes exchanged hands as compared to its average daily volume of 119,200 shares. The stock has ranged in price between $72.65-$75.49 after having opened the day at $72.65 as compared to the previous trading day's close of $72.71.

The Howard Hughes Corporation is a real estate investment and development company, engaging in managing, developing, and leasing commercial, residential, and mixed-use real estate. The firm invests in retail, commercial, and industrial buildings in United States. Howard Hughes has a market cap of $2.9 billion and is part of the financial sector. Shares are down 0.8% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Howard Hughes as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full Howard Hughes Ratings Report now.

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2. As of noon trading, Altisource Portfolio Solutions ( ASPS) is up $8.55 (10.2%) to $92.41 on heavy volume Thus far, 380,580 shares of Altisource Portfolio Solutions exchanged hands as compared to its average daily volume of 196,400 shares. The stock has ranged in price between $83.82-$93.41 after having opened the day at $83.82 as compared to the previous trading day's close of $83.86.

Altisource Portfolio Solutions S.A., together with its subsidiaries, provides services related to real estate and mortgage portfolio management, asset recovery, and customer relationship management primarily in the United States. Altisource Portfolio Solutions has a market cap of $2.0 billion and is part of the financial sector. The company has a P/E ratio of 20.2, above the S&P 500 P/E ratio of 17.7. Shares are down 1.3% year to date as of the close of trading on Tuesday. Currently there is 1 analyst that rates Altisource Portfolio Solutions a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Altisource Portfolio Solutions as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Altisource Portfolio Solutions Ratings Report now.

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1. As of noon trading, Nationstar Mortgage Holdings ( NSM) is up $1.43 (3.7%) to $40.01 on average volume Thus far, 778,558 shares of Nationstar Mortgage Holdings exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $38.83-$40.74 after having opened the day at $39.15 as compared to the previous trading day's close of $38.58.

National Semiconductor Corporation, a semiconductor company, designs, develops, manufactures, and markets analog and mixed-signal integrated circuits and sub-systems. Nationstar Mortgage Holdings has a market cap of $3.3 billion and is part of the financial sector. The company has a P/E ratio of 20.8, above the S&P 500 P/E ratio of 17.7. Shares are up 19.2% year to date as of the close of trading on Tuesday. Currently there are 5 analysts that rate Nationstar Mortgage Holdings a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Nationstar Mortgage Holdings as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Nationstar Mortgage Holdings Ratings Report now.

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If you are interested in one of these 3 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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