3 Real Estate Stocks On The Rise

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 69 points (-0.4%) at 16,384 as of Monday, March 10, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 999 issues advancing vs. 1,928 declining with 160 unchanged.

The Real Estate industry currently sits down 0.5% versus the S&P 500, which is down 0.3%. Top gainers within the industry include Hilltop Holdings ( HTH), up 2.4%, and Annaly Capital Management ( NLY), up 0.5%. On the negative front, top decliners within the industry include Brookfield Residential Properties ( BRP), down 2.4%, CommonWealth REIT ( CWH), down 2.2%, Icahn ( IEP), down 1.7%, Realty Income Corporation ( O), down 1.4% and Howard Hughes ( HHC), down 1.2%.

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

3. Two Harbors Investment ( TWO) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Two Harbors Investment is up $0.09 (0.9%) to $10.40 on light volume. Thus far, 1.0 million shares of Two Harbors Investment exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $10.34-$10.44 after having opened the day at $10.36 as compared to the previous trading day's close of $10.31.

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), residential mortgage loans, and other financial assets. Two Harbors Investment has a market cap of $3.8 billion and is part of the financial sector. Shares are up 12.9% year-to-date as of the close of trading on Friday. Currently there are 10 analysts who rate Two Harbors Investment a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Two Harbors Investment as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Get the full Two Harbors Investment 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, Zillow ( Z) is up $2.52 (3.1%) to $84.56 on average volume. Thus far, 706,245 shares of Zillow exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $81.02-$84.96 after having opened the day at $81.95 as compared to the previous trading day's close of $82.03.

Zillow, Inc. operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company owns and operates Zillow.com. Zillow has a market cap of $2.8 billion and is part of the financial sector. Shares are up 1.2% year-to-date as of the close of trading on Friday. Currently there are 7 analysts who rate Zillow a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Zillow as a sell. Among the areas we feel are negative, one of the most important has been an overall disappointing return on equity. Get the full Zillow 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 $0.48 (1.2%) to $40.38 on average volume. Thus far, 2.4 million shares of Ocwen Financial Corporation exchanged hands as compared to its average daily volume of 3.3 million shares. The stock has ranged in price between $39.65-$40.63 after having opened the day at $39.85 as compared to the previous trading day's close of $39.90.

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 $5.4 billion and is part of the financial sector. Shares are down 27.8% year-to-date as of the close of trading on Friday. 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 also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow. 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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