3 Stocks Driving The Real Estate 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 78 points (0.5%) at 16,438 as of Thursday, March 6, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,775 issues advancing vs. 1,148 declining with 152 unchanged.

The Real Estate industry currently sits down 0.1% versus the S&P 500, which is up 0.4%. Top gainers within the industry include Nationstar Mortgage Holdings ( NSM), up 4.4%, Altisource Portfolio Solutions ( ASPS), up 3.8%, American Tower ( AMT), up 1.4% and Weyerhaeuser ( WY), up 0.9%. On the negative front, top decliners within the industry include Sun Communities ( SUI), down 3.6%, Senior Housing Properties ( SNH), down 1.8%, HCP ( HCP), down 1.3%, Brookfield Asset Management ( BAM), down 0.9% and Health Care REIT ( HCN), down 0.9%.

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

3. Jones Lang LaSalle ( JLL) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Jones Lang LaSalle is up $2.12 (1.7%) to $124.75 on average volume. Thus far, 222,487 shares of Jones Lang LaSalle exchanged hands as compared to its average daily volume of 374,800 shares. The stock has ranged in price between $123.20-$125.29 after having opened the day at $124.70 as compared to the previous trading day's close of $122.63.

Jones Lang LaSalle Incorporated, a financial and professional services firm, provides integrated real estate and investment management services to owner, occupier, investor, developer clients worldwide. Jones Lang LaSalle has a market cap of $5.5 billion and is part of the financial sector. Shares are up 20.1% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts who rate Jones Lang LaSalle a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Jones Lang LaSalle as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Jones Lang LaSalle 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.

2. As of noon trading, CBRE Group ( CBG) is up $0.62 (2.2%) to $28.26 on average volume. Thus far, 999,222 shares of CBRE Group exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $27.83-$28.44 after having opened the day at $27.87 as compared to the previous trading day's close of $27.64.

CBRE Group, Inc. operates as a commercial real estate services and investment company. The company's segments include Americas; Europe, Middle East and Africa (EMEA); Asia Pacific; Global Investment Management; and Development Services. CBRE Group has a market cap of $9.3 billion and is part of the financial sector. Shares are up 6.4% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts who rate CBRE Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates CBRE Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year 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 CBRE Group 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, Ocwen Financial Corporation ( OCN) is up $1.48 (3.8%) to $39.98 on average volume. Thus far, 2.1 million shares of Ocwen Financial Corporation exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $38.57-$40.51 after having opened the day at $38.66 as compared to the previous trading day's close of $38.50.

Ocwen Financial Corporation, through its subsidiaries, engages in the servicing and origination of mortgage loans in the United States and internationally. Ocwen Financial Corporation has a market cap of $5.2 billion and is part of the financial sector. Shares are down 31.5% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts who rate Ocwen Financial Corporation a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Ocwen Financial Corporation as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, robust revenue growth and notable return on equity. However, as a counter to these strengths, we find that the stock has experienced relatively poor performance when compared with the S&P 500 during the past year. Get the full Ocwen Financial 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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