AvalonBay Communities Inc (AVB): Today's Featured Real Estate Laggard

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.

AvalonBay Communities ( AVB) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole was unchanged today. By the end of trading, AvalonBay Communities fell $1.56 (-1.1%) to $133.64 on average volume. Throughout the day, 1,179,596 shares of AvalonBay Communities exchanged hands as compared to its average daily volume of 965,800 shares. The stock ranged in price between $132.96-$134.89 after having opened the day at $134.63 as compared to the previous trading day's close of $135.20. Other companies within the Real Estate industry that declined today were: Desarrolladora Homex SAB de CV ADR ( HXM), down 5.4%, Supertel Hospitality ( SPPR), down 5.2%, E-House China Holdings ( EJ), down 5.0% and Elbit Imaging ( EMITF), down 4.2%.

AvalonBay Communities, Inc. engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities in the United States. AvalonBay Communities has a market cap of $17.4 billion and is part of the financial sector. Shares are up 14.3% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate AvalonBay Communities a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates AvalonBay Communities as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, InnSuites Hospitality ( IHT), up 6.7%, Vestin Realty Mortgage II ( VRTB), up 4.9%, China Housing & Land Development ( CHLN), up 4.5% and Texas Pacific Land ( TPL), up 3.8% , were all gainers within the real estate industry with Plum Creek Timber ( PCL) being today's featured real estate industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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