5 Stocks Driving The Real Estate Industry Higher

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 147 points (1.0%) at 15,587 as of Thursday, Feb. 6, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 2,311 issues advancing vs. 626 declining with 152 unchanged.

The Real Estate industry currently sits up 0.4% versus the S&P 500, which is up 1.0%. Top gainers within the industry include Icahn ( IEP), up 2.9%, Howard Hughes ( HHC), up 2.2%, Host Hotels & Resorts ( HST), up 1.3%, Weyerhaeuser ( WY), up 1.0% and Boston Properties ( BXP), up 0.7%. On the negative front, top decliners within the industry include Annaly Capital Management ( NLY), down 1.0%, and Brookfield Asset Management ( BAM), down 0.5%.

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

5. Macerich Company ( MAC) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Macerich Company is up $0.83 (1.4%) to $58.32 on light volume. Thus far, 237,390 shares of Macerich Company exchanged hands as compared to its average daily volume of 910,300 shares. The stock has ranged in price between $57.55-$58.45 after having opened the day at $57.55 as compared to the previous trading day's close of $57.49.

The Macerich Company is an independent real estate investment trust. The firm invests in the real estate markets of the United States. Macerich Company has a market cap of $8.0 billion and is part of the financial sector. Shares are down 2.4% year-to-date as of the close of trading on Wednesday. Currently there are 5 analysts who rate Macerich Company a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Macerich Company as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, unimpressive growth in net income and disappointing return on equity. Get the full Macerich Company Ratings Report now.

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