3 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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 45 points (0.3%) at 14,027 as of Tuesday, Feb. 19, 2013, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,918 issues advancing vs. 965 declining with 159 unchanged.

The Real Estate industry currently sits up 0.6% versus the S&P 500, which is up 0.5%. On the negative front, top decliners within the industry include Icahn ( IEP), down 7.9%, and American Tower ( AMT), down 1.0%.

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

3. Chimera Investment Corporation ( CIM) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Chimera Investment Corporation is down $0.07 (-2.3%) to $2.99 on heavy volume Thus far, 16.3 million shares of Chimera Investment Corporation exchanged hands as compared to its average daily volume of 11.2 million shares. The stock has ranged in price between $2.95-$3.04 after having opened the day at $3.02 as compared to the previous trading day's close of $3.06.

Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. Chimera Investment Corporation has a market cap of $3.1 billion and is part of the financial sector. The company has a P/E ratio of 5.5, below the S&P 500 P/E ratio of 17.7. Shares are up 17.2% 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 5 rate it a hold.

TheStreet Ratings rates Chimera Investment Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Chimera Investment Corporation Ratings Report now.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE

If you liked this article you might like

These Stocks Are Changing Course

Tax Reform Could Boost U.S. Businesses: Cramer's 'Mad Money' Recap (Wednesday 4/26/17)

Ford Motor, Constellation Brands, Cypress Semiconductor: 'Mad Money' Lightning Round

Legislative Circus Is Stalling Stocks: Cramer's 'Mad Money' Recap (Thursday 3/23/17)

Sharp Ideas from U of M's Value 40 Fund