Real Estate Stocks On The Rise With Help From 3 Stocks

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 84 points (-0.5%) at 15,367 as of Wednesday, Aug. 14, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,073 issues advancing vs. 1,847 declining with 114 unchanged.

The Real Estate industry currently sits down 0.2% versus the S&P 500, which is down 0.3%. Top gainers within the industry include Weyerhaeuser ( WY), up 3.3%, Annaly Capital Management ( NLY), up 1.3% and American Tower ( AMT), up 0.6%. On the negative front, top decliners within the industry include Howard Hughes ( HHC), down 1.5%, HCP ( HCP), down 0.9% and AvalonBay Communities ( AVB), down 0.7%.

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

3. Brookfield Asset Management ( BAM) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Brookfield Asset Management is up $0.18 (0.5%) to $36.89 on average volume. Thus far, 301,293 shares of Brookfield Asset Management exchanged hands as compared to its average daily volume of 748,600 shares. The stock has ranged in price between $36.57-$36.99 after having opened the day at $36.71 as compared to the previous trading day's close of $36.71.

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 $22.9 billion and is part of the financial sector. Shares are up 1.3% year to date as of the close of trading on Tuesday. 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, Plum Creek Timber ( PCL) is up $0.33 (0.7%) to $46.23 on light volume. Thus far, 307,583 shares of Plum Creek Timber exchanged hands as compared to its average daily volume of 886,200 shares. The stock has ranged in price between $45.90-$46.51 after having opened the day at $46.21 as compared to the previous trading day's close of $45.90.

Plum Creek Timber Company, Inc. is a publicly owned real estate investment trust (REIT). The trust owns and manages timberlands in the United States. Its products include lumber products, plywood, medium density fiberboard, and related by-products, such as wood chips. Plum Creek Timber has a market cap of $7.7 billion and is part of the financial sector. Shares are up 4.4% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Plum Creek Timber a buy, 1 analyst rates it a sell, and 5 rate it a hold.

TheStreet Ratings rates Plum Creek Timber as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Plum Creek Timber 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, Vornado Realty ( VNO) is up $0.43 (0.5%) to $83.67 on light volume. Thus far, 376,876 shares of Vornado Realty exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $82.50-$84.00 after having opened the day at $82.50 as compared to the previous trading day's close of $83.24.

Vornado Realty Trust is a privately owned real estate investment trust. The trust engages in investment, ownership, and management of commercial real estate. It invests in the real estate markets of United States. The trust primarily invests in office, industrial and retail properties. Vornado Realty has a market cap of $15.7 billion and is part of the financial sector. Shares are up 4.6% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate Vornado Realty a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Vornado Realty as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, compelling growth in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Vornado Realty 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 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).

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