3 Real Estate Stocks Driving 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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 12 points (-0.1%) at 16,435 as of Friday, May 16, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,512 issues advancing vs. 1,401 declining with 184 unchanged.

The Real Estate industry currently is unchanged today versus the S&P 500, which is unchanged. Top gainers within the industry include CBL & Associates Properties ( CBL), up 4.1%, Plum Creek Timber ( PCL), up 1.1%, Weyerhaeuser ( WY), up 0.8%, Host Hotels & Resorts ( HST), up 0.7% and Ventas ( VTR), up 0.6%. On the negative front, top decliners within the industry include Walter Investment Management ( WAC), down 5.3%, Ocwen Financial ( OCN), down 1.5%, American Realty Capital Properties ( ARCP), down 1.1% and CoStar Group ( CSGP), down 0.9%.

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

3. Realty Income ( O) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Realty Income is up $0.40 (0.9%) to $43.58 on light volume. Thus far, 490,865 shares of Realty Income exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $43.00-$43.67 after having opened the day at $43.15 as compared to the previous trading day's close of $43.18.

Realty Income Corporation is a publicly traded real estate investment trust. It invests in the real estate markets of the United States. The firm makes investments in commercial real estate. Realty Income Corporation was founded in 1969 and is based in Escondido, California. Realty Income has a market cap of $9.7 billion and is part of the financial sector. Shares are up 15.7% year-to-date as of the close of trading on Thursday. Currently there are 5 analysts who rate Realty Income a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Realty Income as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, expanding profit margins 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 Realty Income Ratings Report now.

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2. As of noon trading, General Growth Properties ( GGP) is up $0.16 (0.7%) to $23.50 on light volume. Thus far, 1.3 million shares of General Growth Properties exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $23.28-$23.52 after having opened the day at $23.28 as compared to the previous trading day's close of $23.34.

General Growth Properties, Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It engages in owning, managing, leasing, and redeveloping high-quality regional malls. General Growth Properties has a market cap of $20.7 billion and is part of the financial sector. Shares are up 16.3% year-to-date as of the close of trading on Thursday. Currently there are 8 analysts who rate General Growth Properties a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates General Growth Properties as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full General Growth Properties Ratings Report now.

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1. As of noon trading, Zillow ( Z) is up $3.52 (3.4%) to $105.94 on average volume. Thus far, 954,467 shares of Zillow exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $101.75-$106.47 after having opened the day at $102.71 as compared to the previous trading day's close of $102.42.

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 $3.3 billion and is part of the financial sector. Shares are up 25.3% year-to-date as of the close of trading on Thursday. Currently there are 6 analysts who rate Zillow a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Zillow as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and feeble growth in its earnings per share. 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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