5 Real Estate Stocks Nudging The 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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 165 points (1.1%) at 15,235 as of Monday, June 17, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,604 issues advancing vs. 474 declining with 57 unchanged.

The Real Estate industry currently sits up 0.2% versus the S&P 500, which is up 1.0%. Top gainers within the industry include Brookfield Residential Properties ( BRP), up 2.8%, CoStar Group ( CSGP), up 2.5%, Howard Hughes ( HHC), up 2.1%, Icahn ( IEP), up 1.5% and Public Storage ( PSA), up 0.8%. A company within the industry that fell today was Realty Income Corporation ( O), up 1.04.

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

5. Extra Space Storage ( EXR) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Extra Space Storage is up $0.75 (1.77) to $43.06 on average volume Thus far, 381,525 shares of Extra Space Storage exchanged hands as compared to its average daily volume of 670,700 shares. The stock has ranged in price between $42.89-$43.56 after having opened the day at $43.08 as compared to the previous trading day's close of $42.31.

Extra Space Storage, Inc. operates as a real estate investment trust (REIT) in the United States. It engages in property management and development activities that include acquiring, managing, developing, and selling, as well as the rental of self-storage facilities. Extra Space Storage has a market cap of $4.7 billion and is part of the financial sector. The company has a P/E ratio of 34.7, above the S&P 500 P/E ratio of 17.7. Shares are up 16.3% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Extra Space Storage a buy, 3 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Extra Space Storage as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Extra Space Storage Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, Zillow ( Z) is up $3.01 (5.67) to $56.10 on light volume Thus far, 181,843 shares of Zillow exchanged hands as compared to its average daily volume of 666,000 shares. The stock has ranged in price between $53.02-$56.14 after having opened the day at $53.65 as compared to the previous trading day's close of $53.09.

Zillow, Inc. engages in the operation of a real estate and home-related information marketplace on mobile and the Web in the United States. Zillow has a market cap of $1.4 billion and is part of the financial sector. The company has a P/E ratio of 5294.0, above the S&P 500 P/E ratio of 17.7. Shares are up 91.3% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Zillow a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Zillow as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and premium valuation. Get the full Zillow Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Brookfield Asset Management ( BAM) is up $0.78 (2.21) to $36.15 on light volume Thus far, 316,596 shares of Brookfield Asset Management exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $35.63-$36.25 after having opened the day at $35.67 as compared to the previous trading day's close of $35.37.

Brookfield Asset Management Inc. is a publicly owned asset management holding company. Through its subsidiaries the firm invests in the property, power, and infrastructure sectors. Brookfield Asset Management has a market cap of $21.9 billion and is part of the financial sector. The company has a P/E ratio of 19.1, above the S&P 500 P/E ratio of 17.7. Shares are down 3.5% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Brookfield Asset Management a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Brookfield Asset Management as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Brookfield Asset Management Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Host Hotels & Resorts ( HST) is up $0.12 (0.70) to $17.34 on light volume Thus far, 2.5 million shares of Host Hotels & Resorts exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $17.33-$17.51 after having opened the day at $17.33 as compared to the previous trading day's close of $17.22.

Host Hotels & Resorts, Inc. is a publicly owned real estate investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. It invests in the real estate markets of United States. Host Hotels & Resorts has a market cap of $12.7 billion and is part of the financial sector. The company has a P/E ratio of 130.9, above the S&P 500 P/E ratio of 17.7. Shares are up 9.9% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate Host Hotels & Resorts a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Host Hotels & Resorts as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Host Hotels & Resorts Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Weyerhaeuser ( WY) is up $0.56 (2.00) to $28.86 on heavy volume Thus far, 4.7 million shares of Weyerhaeuser exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $28.82-$29.36 after having opened the day at $29.06 as compared to the previous trading day's close of $28.29.

Weyerhaeuser Company, a forest products company, grows and harvests trees, builds homes, and manufactures forest products worldwide. It grows and harvests trees for use as lumber, other wood and building products, and pulp and paper. Weyerhaeuser has a market cap of $15.7 billion and is part of the financial sector. The company has a P/E ratio of 32.1, above the S&P 500 P/E ratio of 17.7. Shares are up 1.7% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Weyerhaeuser a buy, 5 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Weyerhaeuser as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Weyerhaeuser Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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.

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