GGP, AMT And SPG, 3 Real Estate Stocks Pushing The Industry Lower

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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 29 points (-0.2%) at 16,367 as of Wednesday, March 5, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,229 issues advancing vs. 1,681 declining with 174 unchanged.

The Real Estate industry currently sits down 0.3% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include Essex Property ( ESS), down 1.6%, Boston Properties ( BXP), down 1.5%, Kimco Realty ( KIM), down 1.3%, Host Hotels & Resorts ( HST), down 1.2% and Prologis ( PLD), down 1.1%.

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

3. General Growth Properties ( GGP) is one of the companies pushing the Real Estate industry lower today. As of noon trading, General Growth Properties is down $0.25 (-1.1%) to $22.17 on light volume. Thus far, 1.1 million shares of General Growth Properties exchanged hands as compared to its average daily volume of 7.4 million shares. The stock has ranged in price between $22.17-$22.45 after having opened the day at $22.42 as compared to the previous trading day's close of $22.42.

General Growth Properties, Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It engages in owning, managing, leasing, and redeveloping high-quality regional malls. General Growth Properties has a market cap of $19.5 billion and is part of the financial sector. Shares are up 9.9% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts that rate General Growth Properties a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates General Growth Properties as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. Get the full General Growth Properties Ratings Report now.

STOCKS TO BUY: 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 down $1.05 (-1.3%) to $80.49 on light volume. Thus far, 591,778 shares of American Tower exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $80.49-$81.56 after having opened the day at $81.55 as compared to the previous trading day's close of $81.54.

American Tower Corporation is a real estate investment trust. It invests in the real estate markets across the globe. The firm through its subsidiaries owns, operates and develops wireless and broadcast communications real estate. American Tower has a market cap of $32.2 billion and is part of the financial sector. Shares are up 2.0% year-to-date as of the close of trading on Tuesday. Currently there are 16 analysts that 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 robust revenue growth, good cash flow from operations, increase in stock price during the past year, expanding profit margins 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.

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1. As of noon trading, Simon Property Group ( SPG) is down $1.88 (-1.1%) to $162.48 on light volume. Thus far, 380,740 shares of Simon Property Group exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $162.42-$164.50 after having opened the day at $164.38 as compared to the previous trading day's close of $164.36.

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 $50.9 billion and is part of the financial sector. Shares are up 6.4% 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. Get the full Simon Property Group Ratings Report now.

STOCKS TO BUY: 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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