3 Stocks Boosting 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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 3 points (0.0%) at 16,578 as of Thursday, May 1, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,778 issues advancing vs. 1,187 declining with 180 unchanged.

The Real Estate industry currently is unchanged today versus the S&P 500, which is up 0.1%. Top gainers within the industry include St Joe ( JOE), up 4.5%, Brookfield Residential Properties ( BRP), up 3.8%, CoStar Group ( CSGP), up 3.4% and Icahn ( IEP), up 1.6%. On the negative front, top decliners within the industry include Ocwen Financial ( OCN), down 5.4%, and AvalonBay Communities ( AVB), down 0.6%.

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

3. Realogy Holdings ( RLGY) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Realogy Holdings is up $0.82 (1.9%) to $42.87 on heavy volume. Thus far, 1.5 million shares of Realogy Holdings exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $41.79-$43.14 after having opened the day at $42.36 as compared to the previous trading day's close of $42.05.

Realogy Holdings Corp. provides real estate and relocation services worldwide. Realogy Holdings has a market cap of $6.1 billion and is part of the financial sector. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7. Shares are down 15.0% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts who rate Realogy Holdings a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Realogy Holdings as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and generally disappointing historical performance in the stock itself. Get the full Realogy Holdings Ratings Report now.

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2. As of noon trading, Annaly Capital Management ( NLY) is up $0.07 (0.6%) to $11.62 on average volume. Thus far, 5.6 million shares of Annaly Capital Management exchanged hands as compared to its average daily volume of 11.1 million shares. The stock has ranged in price between $11.58-$11.70 after having opened the day at $11.59 as compared to the previous trading day's close of $11.55.

Annaly Capital Management, Inc. owns a portfolio of real estate related investments in the United States. Annaly Capital Management has a market cap of $10.8 billion and is part of the financial sector. The company has a P/E ratio of 3.0, below the S&P 500 P/E ratio of 17.7. Shares are up 15.8% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates Annaly Capital Management a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Annaly Capital Management as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. Get the full Annaly Capital Management 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, American Tower ( AMT) is up $2.46 (3.0%) to $85.98 on average volume. Thus far, 1.6 million shares of American Tower exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $83.70-$86.07 after having opened the day at $84.05 as compared to the previous trading day's close of $83.52.

American Tower Corporation is a real estate investment trust. It invests in the real estate markets across the globe. The firm through its subsidiaries owns, operates and develops wireless and broadcast communications real estate. American Tower has a market cap of $32.8 billion and is part of the financial sector. The company has a P/E ratio of 59.3, above the S&P 500 P/E ratio of 17.7. Shares are up 4.0% year-to-date as of the close of trading on Wednesday. Currently there are 14 analysts who rate American Tower a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates American Tower as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, expanding profit margins, 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 American Tower 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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