3 Stocks Moving The Real Estate Industry Upward

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 68 points (-0.5%) at 14,443 as of Monday, March 25, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,111 issues advancing vs. 1,777 declining with 156 unchanged.

The Real Estate industry currently sits up 0.4% versus the S&P 500, which is down 0.3%. Top gainers within the industry include Nationstar Mortgage Holdings ( NSM), up 1.4%, and Brookfield Residential Properties ( BRP), up 1.4%. On the negative front, top decliners within the industry include American Capital Agency ( AGNC), down 1.2%, and Newcastle Investment Corporation ( NCT), down 1.0%.

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

3. Walter Investment Management ( WAC) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Walter Investment Management is up $0.92 (2.8%) to $33.41 on heavy volume Thus far, 732,703 shares of Walter Investment Management exchanged hands as compared to its average daily volume of 737,400 shares. The stock has ranged in price between $32.25-$33.69 after having opened the day at $32.41 as compared to the previous trading day's close of $32.49.

Walter Investment Management Corp., together with its subsidiaries, provides business services to the residential mortgage industry in the United States. Walter Investment Management has a market cap of $1.3 billion and is part of the financial sector. Currently there are 4 analysts that rate Walter Investment Management a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Walter Investment Management as a sell. Among the areas we feel are negative, one of the most important has been weak operating cash flow. Get the full Walter Investment Management Ratings Report now.

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