Today's Stocks Driving Success For The Real Estate Industry

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

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 5 points (0.0%) at 15,100 as of Thursday, May 9, 2013, 12:45 PM ET. The NYSE advances/declines ratio sits at 1,176 issues advancing vs. 1,742 declining with 136 unchanged.

The Real Estate industry currently sits down 0.34 versus the S&P 500, which is down 0.21. A company within the industry that increased today was Weyerhaeuser ( WY), up 1.37. On the negative front, top decliners within the industry include Dupont Fabros Technology ( DFT), down 4.08, CommonWealth REIT ( CWH), down 3.66, Brookfield Asset Management ( BAM), down 1.56, Regency Centers Corporation ( REG), down 1.28 and SL Green Realty Corporation ( SLG), down 0.95.

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

3. Icahn ( IEP) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Icahn is up $2.16 (2.65) to $83.53 on light volume Thus far, 72,762 shares of Icahn exchanged hands as compared to its average daily volume of 234,900 shares. The stock has ranged in price between $81.38-$84.50 after having opened the day at $82.65 as compared to the previous trading day's close of $81.37.

Icahn Enterprises L.P. engages in the investment, automotive, gaming, railcar, food packaging, metals, real estate, and home fashion businesses in the United States and internationally. Its Investment segment provides investment advisory, and administrative and back office services. Icahn has a market cap of $9.1 billion and is part of the consumer goods sector. The company has a P/E ratio of 14.4, below the S&P 500 P/E ratio of 17.7. Shares are up 85.3% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Icahn a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Icahn as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, weak operating cash flow and disappointing return on equity. Get the full Icahn Ratings Report now.

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2. As of noon trading, Walter Investment Management ( WAC) is up $1.67 (4.57) to $38.09 on heavy volume Thus far, 1.6 million shares of Walter Investment Management exchanged hands as compared to its average daily volume of 984,700 shares. The stock has ranged in price between $36.61-$39.67 after having opened the day at $39.14 as compared to the previous trading day's close of $36.42.

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. Shares are down 15.3% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Walter Investment Management a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Walter Investment Management as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income and weak operating cash flow. Get the full Walter Investment Management 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.

1. As of noon trading, Nationstar Mortgage Holdings ( NSM) is up $1.25 (3.07) to $42.00 on heavy volume Thus far, 1.3 million shares of Nationstar Mortgage Holdings exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $41.01-$42.56 after having opened the day at $41.01 as compared to the previous trading day's close of $40.75.

Nationstar Mortgage Holdings Inc. operates as a residential mortgage loan servicer in the United States. It operates in two segments, Servicing and Originations. Nationstar Mortgage Holdings has a market cap of $3.6 billion and is part of the financial sector. The company has a P/E ratio of 14.2, below the S&P 500 P/E ratio of 17.7. Shares are up 5.3% year to date as of the close of trading on Wednesday. Currently there are 4 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 sell. The area that we feel has been the company's primary weakness has been its feeble growth in its earnings per share. Get the full Nationstar Mortgage Holdings 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 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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