Public Storage (PSA): Today's Featured Real Estate Laggard

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.

Public Storage ( PSA) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Public Storage fell $2.25 (-1.4%) to $155.43 on average volume. Throughout the day, 515,563 shares of Public Storage exchanged hands as compared to its average daily volume of 658,500 shares. The stock ranged in price between $155.10-$158.37 after having opened the day at $157.78 as compared to the previous trading day's close of $157.68. Other companies within the Real Estate industry that declined today were: Elbit Imaging ( EMITF), down 9.7%, Vestin Realty Mortgage I ( VRTA), down 6.9%, American Spectrum Realty ( AQQ), down 3.9% and Gazit-Globe ( GZT), down 2.7%.

Public Storage operates as a real estate investment trust (REIT). It engages in the acquisition, development, ownership, and operation of self-storage facilities in the United States and Europe. Public Storage has a market cap of $27.1 billion and is part of the financial sector. Shares are up 8.8% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Public Storage a buy, 1 analyst rates it a sell, and 11 rate it a hold.

TheStreet Ratings rates Public Storage as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, expanding profit margins, good cash flow from operations and increase in stock price during the past year. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Roberts Realty Investors ( RPI), up 7.5%, Amrep Corporation ( AXR), up 6.7%, PennyMac Financial Services Inc Class A ( PFSI), up 5.5% and ZipRealty ( ZIPR), up 5.0% , were all gainers within the real estate industry with Nationstar Mortgage Holdings ( NSM) being today's featured real estate industry leader.

For investors not wanting singular stock exposure, 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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