5 Stocks Driving The Real Estate Industry Higher

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 119 points (0.7%) at 16,493 as of Wednesday, Jan. 15, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,941 issues advancing vs. 990 declining with 158 unchanged.

The Real Estate industry currently sits up 0.4% versus the S&P 500, which is up 0.5%. Top gainers within the industry include Extra Space Storage ( EXR), up 1.7%, Liberty Property ( LRY), up 1.6%, Camden Property ( CPT), up 1.6%, UDR ( UDR), up 1.5% and Health Care REIT ( HCN), up 1.2%. A company within the industry that fell today was Nationstar Mortgage Holdings ( NSM), up 1.6%.

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

5. Digital Realty ( DLR) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Digital Realty is up $0.84 (1.6%) to $52.04 on light volume. Thus far, 474,938 shares of Digital Realty exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $51.23-$52.15 after having opened the day at $51.37 as compared to the previous trading day's close of $51.20.

Digital Realty Trust, Inc., a real estate investment trust (REIT), through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. Digital Realty has a market cap of $6.4 billion and is part of the financial sector. The company has a P/E ratio of 23.4, above the S&P 500 P/E ratio of 17.7. Shares are up 4.2% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate Digital Realty a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Digital Realty as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself. Get the full Digital Realty Ratings Report now.

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