Simon Property Group Inc (SPG): 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.

Simon Property Group ( SPG) pushed the Real Estate industry higher today making it today's featured real estate winner. The industry as a whole closed the day up 0.6%. By the end of trading, Simon Property Group rose $1.65 (1.1%) to $156.97 on average volume. Throughout the day, 1,590,385 shares of Simon Property Group exchanged hands as compared to its average daily volume of 1,445,000 shares. The stock ranged in a price between $153.66-$157.11 after having opened the day at $156.02 as compared to the previous trading day's close of $155.32. Other companies within the Real Estate industry that increased today were: American Realty Investors ( ARL), up 12.8%, Desarrolladora Homex SAB de CV ADR ( HXM), up 12.5%, American Spectrum Realty ( AQQ), up 11.8% and Transcontinental Realty Investors ( TCI), up 11.1%.

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 $47.8 billion and is part of the financial sector. Shares are up 2.1% year to date as of the close of trading on Thursday. Currently there are 17 analysts that 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.

On the negative front, Gaming and Leisure Properties ( GLPI), down 19.6%, China HGS Real Estate ( HGSH), down 7.7%, Marlin Business Services ( MRLN), down 5.9% and Supertel Hospitality ( SPPR), down 5.7%.

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).

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

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