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.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 28 points (0.2%) at 16,953 as of Monday, June 9, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,914 issues advancing vs. 1,041 declining with 157 unchanged.

The Real Estate industry currently is unchanged today versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include Federal Realty Investment ( FRT), down 1.6%, UDR ( UDR), down 1.5%, Boston Properties ( BXP), down 1.5%, HCP ( HCP), down 1.5% and AvalonBay Communities ( AVB), down 1.4%.

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

3. Alexander & Baldwin ( ALEX) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Alexander & Baldwin is up $1.57 (3.9%) to $42.05 on heavy volume. Thus far, 198,536 shares of Alexander & Baldwin exchanged hands as compared to its average daily volume of 205,200 shares. The stock has ranged in price between $39.97-$42.10 after having opened the day at $40.30 as compared to the previous trading day's close of $40.48.

Alexander & Baldwin, Inc., together with its subsidiaries, primarily provides real estate development and leasing services. The company operates through four segments: Real Estate Development and Sales, Real Estate Leasing, Natural Materials and Construction, and Agribusiness. Alexander & Baldwin has a market cap of $2.0 billion and is part of the financial sector. Shares are down 3.0% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate Alexander & Baldwin a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Alexander & Baldwin as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. Get the full Alexander & Baldwin Ratings Report now.

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2. As of noon trading, Brookfield Asset Management ( BAM) is up $0.29 (0.7%) to $43.83 on light volume. Thus far, 174,097 shares of Brookfield Asset Management exchanged hands as compared to its average daily volume of 683,300 shares. The stock has ranged in price between $43.60-$43.90 after having opened the day at $43.60 as compared to the previous trading day's close of $43.54.

Brookfield Asset Management Inc. is a publicly owned asset management holding company. Through its subsidiaries the firm invests in the property, power, and infrastructure sectors. Brookfield Asset Management has a market cap of $26.7 billion and is part of the financial sector. Shares are up 12.1% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate Brookfield Asset Management a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Brookfield Asset Management as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Brookfield Asset 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, Realogy Holdings ( RLGY) is up $0.54 (1.4%) to $37.77 on light volume. Thus far, 357,319 shares of Realogy Holdings exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $37.16-$37.77 after having opened the day at $37.16 as compared to the previous trading day's close of $37.23.

Realogy Holdings Corp. provides real estate and relocation services worldwide. Realogy Holdings has a market cap of $5.4 billion and is part of the financial sector. Shares are down 24.7% year-to-date as of the close of trading on Friday. Currently there are 8 analysts who rate Realogy Holdings a buy, no analysts rate 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, poor profit margins, weak operating cash flow and generally disappointing historical performance in the stock itself. Get the full Realogy Holdings 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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