3 Real Estate Stocks Nudging 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 76 points (0.5%) at 16,332 as of Wednesday, April 9, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,886 issues advancing vs. 1,057 declining with 161 unchanged.

The Real Estate industry currently sits down 0.3% versus the S&P 500, which is up 0.5%. Top gainers within the industry include Icahn ( IEP), up 2.3%, Ocwen Financial Corporation ( OCN), up 2.1%, KKR Financial Holdings ( KFN), up 1.7% and CBRE Group ( CBG), up 0.6%. On the negative front, top decliners within the industry include UDR ( UDR), down 1.3%, Rayonier ( RYN), down 1.2%, Public Storage ( PSA), down 1.1%, HCP ( HCP), down 0.9% and Boston Properties ( BXP), 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 $0.96 (0.8%) to $117.91 on light volume. Thus far, 44,262 shares of Jones Lang LaSalle exchanged hands as compared to its average daily volume of 381,500 shares. The stock has ranged in price between $116.57-$118.03 after having opened the day at $117.36 as compared to the previous trading day's close of $116.95.

Jones Lang LaSalle Incorporated, a financial and professional services company, provides commercial real estate and investment management services worldwide. Jones Lang LaSalle has a market cap of $5.2 billion and is part of the financial sector. Shares are up 14.2% year-to-date as of the close of trading on Tuesday. 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.

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2. As of noon trading, Brookfield Office Properties ( BPO) is up $0.11 (0.6%) to $19.50 on light volume. Thus far, 175,346 shares of Brookfield Office Properties exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $19.36-$19.52 after having opened the day at $19.37 as compared to the previous trading day's close of $19.39.

Brookfield Properties Corporation is a publicly owned real estate investment firm. The firm engages in the ownership, development, and management of premier commercial properties and also invests in core-plus office buildings. Brookfield Office Properties has a market cap of $9.8 billion and is part of the financial sector. Shares are up 0.7% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Brookfield Office Properties a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Brookfield Office Properties as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and generally higher debt management risk. Get the full Brookfield Office Properties 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, Zillow ( Z) is up $4.67 (5.3%) to $92.69 on average volume. Thus far, 979,970 shares of Zillow exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $88.43-$92.97 after having opened the day at $88.91 as compared to the previous trading day's close of $88.02.

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 $2.9 billion and is part of the financial sector. Shares are up 7.7% year-to-date as of the close of trading on Tuesday. 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.

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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