1. As of noon trading, Simon Property Group ( SPG) is up $1.62 (0.92) to $178.19 on light volume Thus far, 353,129 shares of Simon Property Group exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $176.32-$178.74 after having opened the day at $177.18 as compared to the previous trading day's close of $176.57. Simon Property Group, Inc. is an independent equity real estate investment trust. It engages in investment, ownership, and management of properties. The firm invests in the real estate markets across the globe. Simon Property Group has a market cap of $55.2 billion and is part of the financial sector. The company has a P/E ratio of 51.6, above the S&P 500 P/E ratio of 17.7. Shares are up 11.7% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate Simon Property Group a buy, no analysts rate it a sell, and 4 rate it a hold. TheStreet Ratings rates Simon Property Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, 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 Simon Property Group Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE. If you are interested in one of these 5 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.