3 Real Estate Stocks Pushing Industry Growth

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 22 points (0.1%) at 16,756 as of Friday, June 13, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,558 issues advancing vs. 1,369 declining with 183 unchanged.

The Real Estate industry currently sits up 0.1% versus the S&P 500, which is up 0.2%. Top gainers within the industry include E-House China Holdings ( EJ), up 4.2%, Chesapeake Lodging ( CHSP), up 3.2%, Retail Opportunity Investments ( ROIC), up 2.4%, Redwood ( RWT), up 2.3% and Colony Financial ( CLNY), up 2.2%. A company within the industry that fell today was Altisource Portfolio Solutions ( ASPS), up 1.9%.

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

3. Two Harbors Investment ( TWO) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Two Harbors Investment is up $0.08 (0.8%) to $10.59 on average volume. Thus far, 2.1 million shares of Two Harbors Investment exchanged hands as compared to its average daily volume of 3.5 million shares. The stock has ranged in price between $10.45-$10.64 after having opened the day at $10.50 as compared to the previous trading day's close of $10.51.

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), residential mortgage loans, mortgage servicing rights, and other financial assets. Two Harbors Investment has a market cap of $3.8 billion and is part of the financial sector. Shares are up 13.2% year-to-date as of the close of trading on Thursday. Currently there are 10 analysts who rate Two Harbors Investment a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Two Harbors Investment as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. Get the full Two Harbors Investment Ratings Report now.

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2. As of noon trading, Kimco Realty ( KIM) is up $0.12 (0.5%) to $22.61 on light volume. Thus far, 871,870 shares of Kimco Realty exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $22.34-$22.62 after having opened the day at $22.54 as compared to the previous trading day's close of $22.49.

Kimco Realty Corporation is an independent real estate investment trust. The firm invests in the real estate markets across North America. It is primarily engaged in acquisitions, development, and management of neighborhood and community shopping centers. Kimco Realty has a market cap of $9.3 billion and is part of the financial sector. Shares are up 13.9% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts who rate Kimco Realty a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates Kimco Realty 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, increase in net income, reasonable valuation levels 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 Kimco Realty Ratings Report now.

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1. As of noon trading, CBRE Group ( CBG) is up $0.40 (1.3%) to $30.38 on light volume. Thus far, 609,128 shares of CBRE Group exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $29.99-$30.39 after having opened the day at $30.06 as compared to the previous trading day's close of $29.98.

CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. The company operates through Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Management; and Development Services segments. CBRE Group has a market cap of $10.0 billion and is part of the financial sector. Shares are up 14.0% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts who rate CBRE Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates CBRE Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full CBRE Group 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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