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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

4. As of noon trading, Equity Residential ( EQR) is up $0.36 (0.7%) to $53.85 on light volume. Thus far, 498,220 shares of Equity Residential exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $53.60-$53.94 after having opened the day at $53.76 as compared to the previous trading day's close of $53.49.

Equity Residential, a real estate investment trust (REIT), engages in the acquisition, development, and management of multifamily properties in the United States. Equity Residential has a market cap of $19.2 billion and is part of the financial sector. The company has a P/E ratio of 409.4, above the S&P 500 P/E ratio of 17.7. Shares are up 3.1% year-to-date as of the close of trading on Tuesday. Currently there are 6 analysts who rate Equity Residential a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Equity Residential as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself. Get the full Equity Residential 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.

3. As of noon trading, Weyerhaeuser ( WY) is up $0.21 (0.7%) to $31.15 on light volume. Thus far, 636,680 shares of Weyerhaeuser exchanged hands as compared to its average daily volume of 3.8 million shares. The stock has ranged in price between $30.84-$31.18 after having opened the day at $30.99 as compared to the previous trading day's close of $30.94.

Weyerhaeuser Company, a forest products company, grows and harvests trees, builds homes, and manufactures forest products worldwide. It grows and harvests trees for use as lumber, other wood and building products, and pulp and paper. Weyerhaeuser has a market cap of $17.8 billion and is part of the industrial goods sector. The company has a P/E ratio of 26.8, above the S&P 500 P/E ratio of 17.7. Shares are down 2.0% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts who rate Weyerhaeuser a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Weyerhaeuser as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Weyerhaeuser 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, American Tower ( AMT) is up $0.64 (0.8%) to $83.30 on light volume. Thus far, 686,985 shares of American Tower exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $82.65-$83.33 after having opened the day at $82.70 as compared to the previous trading day's close of $82.66.

American Tower Corporation, a real estate investment trust, operates as a wireless and broadcast communications infrastructure company. It develops, owns, and operates communications sites. American Tower has a market cap of $32.4 billion and is part of the financial sector. The company has a P/E ratio of 55.9, above the S&P 500 P/E ratio of 17.7. Shares are up 3.6% year-to-date as of the close of trading on Tuesday. Currently there are 15 analysts who rate American Tower a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates American Tower as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full American Tower 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, Simon Property Group ( SPG) is up $1.35 (0.9%) to $157.59 on light volume. Thus far, 400,616 shares of Simon Property Group exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $155.38-$157.69 after having opened the day at $156.20 as compared to the previous trading day's close of $156.24.

Simon Property Group, Inc. is an equity real estate investment trust. The firm invests in the real estate markets across the globe. It engages in investment, ownership, and management of properties. Simon Property Group has a market cap of $48.2 billion and is part of the financial sector. The company has a P/E ratio of 38.6, above the S&P 500 P/E ratio of 17.7. Shares are up 2.7% year-to-date as of the close of trading on Tuesday. Currently there are 17 analysts who rate Simon Property Group a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Simon Property Group as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Simon Property Group 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 5 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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