5 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 25 points (-0.2%) at 14,513 as of Friday, March 15, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,309 issues advancing vs. 1,578 declining with 140 unchanged.

The Real Estate industry currently sits up 0.2% versus the S&P 500, which is down 0.1%. Top gainers within the industry include W. P. Carey ( WPC), up 5.0%, Forest City ( FCE.A), up 3.4%, Colony Financial ( CLNY), up 3.1% and Camden Property ( CPT), up 0.7%. On the negative front, top decliners within the industry include Jones Lang LaSalle ( JLL), down 1.2%, and CBRE Group ( CBG), down 1.0%.

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

5. BRE Properties ( BRE) is one of the companies pushing the Real Estate industry higher today. As of noon trading, BRE Properties is up $0.62 (1.3%) to $49.74 on heavy volume Thus far, 736,239 shares of BRE Properties exchanged hands as compared to its average daily volume of 746,100 shares. The stock has ranged in price between $48.78-$50.16 after having opened the day at $49.00 as compared to the previous trading day's close of $49.11.

BRE Properties Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It focuses on the development, acquisition, and management of multifamily apartment communities. BRE Properties Inc. BRE Properties has a market cap of $3.7 billion and is part of the financial sector. The company has a P/E ratio of 27.8, above the S&P 500 P/E ratio of 17.7. Shares are down 3.4% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate BRE Properties a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates BRE Properties as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income, revenue growth, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full BRE Properties Ratings Report now.

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