3 Stocks Pushing 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.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 49 points (0.3%) at 16,411 as of Monday, April 28, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,415 issues advancing vs. 1,576 declining with 152 unchanged.

The Real Estate industry currently sits up 0.1% versus the S&P 500, which is unchanged. Top gainers within the industry include National Retail Properties ( NNN), up 2.0%, Realty Income ( O), up 1.7%, Starwood Property ( STWD), up 1.6%, Ventas ( VTR), up 1.6% and Essex Property ( ESS), up 1.6%. On the negative front, top decliners within the industry include E-House China Holdings ( EJ), down 6.4%, Alexander & Baldwin ( ALEX), down 2.7%, KKR Financial Holdings ( KFN), down 2.2% and Brookfield Office Properties ( BPO), down 0.9%.

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

3. Public Storage ( PSA) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Public Storage is up $1.10 (0.6%) to $174.68 on light volume. Thus far, 185,575 shares of Public Storage exchanged hands as compared to its average daily volume of 723,600 shares. The stock has ranged in price between $173.54-$175.10 after having opened the day at $174.27 as compared to the previous trading day's close of $173.58.

Public Storage operates as a real estate investment trust (REIT). It engages in the acquisition, development, ownership, and operation of self-storage facilities in the United States and Europe. Public Storage has a market cap of $30.0 billion and is part of the financial sector. The company has a P/E ratio of 34.4, above the S&P 500 P/E ratio of 17.7. Shares are up 15.3% year-to-date as of the close of trading on Friday. Currently there are 7 analysts who rate Public Storage a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Public Storage as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, good cash flow from operations, expanding profit margins and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Public Storage 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, HCP ( HCP) is up $0.60 (1.5%) to $41.36 on light volume. Thus far, 928,580 shares of HCP exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $40.95-$41.47 after having opened the day at $40.97 as compared to the previous trading day's close of $40.76.

HCP, Inc. is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. HCP has a market cap of $18.7 billion and is part of the financial sector. The company has a P/E ratio of 18.8, above the S&P 500 P/E ratio of 17.7. Shares are up 12.2% year-to-date as of the close of trading on Friday. Currently there are 3 analysts who rate HCP a buy, 2 analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates HCP as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income, revenue growth, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full HCP 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, AvalonBay Communities ( AVB) is up $1.69 (1.2%) to $137.02 on light volume. Thus far, 278,291 shares of AvalonBay Communities exchanged hands as compared to its average daily volume of 956,400 shares. The stock has ranged in price between $135.78-$137.20 after having opened the day at $135.78 as compared to the previous trading day's close of $135.33.

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. The company has a P/E ratio of 282.8, above the S&P 500 P/E ratio of 17.7. Shares are up 14.5% year-to-date as of the close of trading on Friday. Currently there are 8 analysts who 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, expanding profit margins, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full AvalonBay Communities 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).

null

More from Markets

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers