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

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 higher today making it today's featured real estate winner. The industry as a whole closed the day down 0.1%. By the end of trading, Public Storage rose $2.92 (1.9%) to $153.05 on average volume. Throughout the day, 965,209 shares of Public Storage exchanged hands as compared to its average daily volume of 675,600 shares. The stock ranged in a price between $150.31-$153.11 after having opened the day at $151.49 as compared to the previous trading day's close of $150.13. Other companies within the Real Estate industry that increased today were: Blackstone Mortgage ( BXMT), up 8.8%, Gyrodyne Company of America ( GYRO), up 6.8%, J.W. Mays ( MAYS), up 6.3% and Institutional Financial Markets ( IFMI), up 5.8%.

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 $25.8 billion and is part of the financial sector. The company has a P/E ratio of 31.4, 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 Wednesday. Currently there are 5 analysts that rate Public Storage a buy, 2 analysts rate 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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, China HGS Real Estate ( HGSH), down 7.8%, American Spectrum Realty ( AQQ), down 6.6%, Supertel Hospitality ( SPPR), down 5.5% and China Housing & Land Development ( CHLN), down 5.2% , were all laggards within the real estate industry with Prologis ( PLD) being today's real estate industry laggard.

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).

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