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 0.2%. By the end of trading, Simon Property Group rose $1.70 (1.1%) to $161.06 on average volume. Throughout the day, 1,433,234 shares of Simon Property Group exchanged hands as compared to its average daily volume of 1,473,400 shares. The stock ranged in a price between $159.94-$161.48 after having opened the day at $160.27 as compared to the previous trading day's close of $159.36. Other companies within the Real Estate industry that increased today were: Gladstone Land ( LAND), up 6.5%, UCP ( UCP), up 5.2%, JGWPT Holdings Inc Class A ( JGW), up 3.8% and Realogy Holdings ( RLGY), up 3.2%.

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 $49.7 billion and is part of the financial sector. Shares are up 4.7% year to date as of the close of trading on Tuesday. Currently there are 16 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, expanding profit margins, growth in earnings per share and increase in stock price during the past year. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, Altisource Portfolio Solutions ( ASPS), down 13.5%, J.W. Mays ( MAYS), down 7.6%, Altis Resident ( RESI), down 7.4% and Marlin Business Services ( MRLN), down 6.7% , were all laggards within the real estate industry with CBL & Associates Properties ( CBL) being today's real estate industry laggard.

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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