5 Real Estate Stocks Pushing The Industry Higher

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 31 points (0.2%) at 15,006 as of Tuesday, July 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,611 issues advancing vs. 1,325 declining with 103 unchanged.

The Real Estate industry currently sits up 0.6% versus the S&P 500, which is up 0.4%. Top gainers within the industry include Extra Space Storage ( EXR), up 3.1%, HCP ( HCP), up 2.6%, Rayonier ( RYN), up 2.1%, Public Storage ( PSA), up 2.1% and Kimco Realty ( KIM), up 2.1%.

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

5. Boston Properties ( BXP) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Boston Properties is up $1.73 (1.6%) to $106.49 on light volume. Thus far, 282,389 shares of Boston Properties exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $104.05-$106.83 after having opened the day at $104.10 as compared to the previous trading day's close of $104.76.

Boston Properties, Inc., a real estate investment trust (REIT), together with its subsidiaries, engages in the ownership and development of office properties. Boston Properties has a market cap of $16.0 billion and is part of the financial sector. The company has a P/E ratio of 66.8, above the S&P 500 P/E ratio of 17.7. Shares are down 0.3% year to date as of the close of trading on Monday. Currently there are 9 analysts that rate Boston Properties a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Boston Properties as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full Boston Properties 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 liked this article you might like

A High-Income Hedge Against the Coming Wave of Dividend Cuts

Stocks Are Priced for Perfection in an Imperfect World

REIT Boston Properties' Solid Recent Performance Makes It a Good Buy

S&P Dow Jones Indices Launching New Real Estate Sector

Today's Stocks Driving Success For The Financial Sector