3 Real Estate Stocks Pushing The 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 72 points (0.4%) at 16,112 as of Thursday, Feb. 20, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,810 issues advancing vs. 1,095 declining with 165 unchanged.

The Real Estate industry currently sits up 0.2% versus the S&P 500, which is up 0.3%. Top gainers within the industry include RLJ Lodging ( RLJ), up 1.1%, Host Hotels & Resorts ( HST), up 0.9%, National Retail Properties ( NNN), up 0.8% and Realty Income Corporation ( O), up 0.8%. On the negative front, top decliners within the industry include Altisource Portfolio Solutions ( ASPS), down 4.3%, Nationstar Mortgage Holdings ( NSM), down 3.6%, Zillow ( Z), down 3.3%, CoStar Group ( CSGP), down 2.7% and Equity One ( EQY), down 1.5%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Icahn ( IEP) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Icahn is up $0.58 (0.5%) to $112.93 on light volume. Thus far, 52,328 shares of Icahn exchanged hands as compared to its average daily volume of 413,500 shares. The stock has ranged in price between $112.00-$113.82 after having opened the day at $113.23 as compared to the previous trading day's close of $112.35.

Icahn Enterprises L.P. engages in the investment, automotive, gaming, railcar, food packaging, metals, real estate, and home fashion businesses in the United States and internationally. Its Investment segment provides investment advisory, and administrative and back office services. Icahn has a market cap of $13.1 billion and is part of the conglomerates sector. Shares are up 5.0% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates Icahn a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Icahn as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, attractive valuation levels, expanding profit margins and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Icahn Ratings Report now.

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2. As of noon trading, Rayonier ( RYN) is up $0.63 (1.4%) to $45.62 on light volume. Thus far, 303,703 shares of Rayonier exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $45.04-$45.75 after having opened the day at $45.23 as compared to the previous trading day's close of $44.99.

Rayonier, Inc. engages in the sale and development of real estate and timberland management, as well as in the production and sale of cellulose fibers in the United States, New Zealand, and Australia. Rayonier has a market cap of $5.7 billion and is part of the industrial goods sector. Shares are up 6.9% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts who rate Rayonier a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Rayonier as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, increase in net income 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 Rayonier 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, Northstar Realty Finance Corporation ( NRF) is up $0.12 (0.8%) to $15.14 on light volume. Thus far, 2.5 million shares of Northstar Realty Finance Corporation exchanged hands as compared to its average daily volume of 9.9 million shares. The stock has ranged in price between $15.01-$15.30 after having opened the day at $15.07 as compared to the previous trading day's close of $15.02.

NorthStar Realty Finance Corp., a real estate investment trust (REIT), operates as a commercial real estate (CRE) investment and asset management company in the United States. Northstar Realty Finance Corporation has a market cap of $4.6 billion and is part of the financial sector. Shares are up 11.7% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts who rate Northstar Realty Finance Corporation a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Northstar Realty Finance Corporation as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's return on equity has been disappointing. Get the full Northstar Realty Finance Corporation 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 3 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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