3 Real Estate Stocks Pushing 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 up today with the Dow Jones Industrial Average ( ^DJI) trading down 5 points (0.0%) at 16,932 as of Tuesday, June 24, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,934 issues advancing vs. 1,059 declining with 170 unchanged.

The Real Estate industry currently sits up 0.4% versus the S&P 500, which is up 0.2%. Top gainers within the industry include Weyerhaeuser ( WY), up 2.8%, Zillow ( Z), up 2.7%, CoStar Group ( CSGP), up 2.0%, Howard Hughes ( HHC), up 1.7% and Digital Realty ( DLR), up 1.4%.

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 $0.75 (2.1%) to $36.50 on average volume. Thus far, 1.3 million 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 $35.50-$36.80 after having opened the day at $35.76 as compared to the previous trading day's close of $35.75.

Realogy Holdings Corp. provides real estate and relocation services worldwide. Realogy Holdings has a market cap of $5.1 billion and is part of the financial sector. Shares are down 27.7% year-to-date as of the close of trading on Monday. Currently there are 7 analysts who rate Realogy Holdings a buy, no analysts rate it a sell, and 2 rate 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.

2. As of noon trading, Prologis ( PLD) is up $0.26 (0.6%) to $41.47 on light volume. Thus far, 578,519 shares of Prologis exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $41.10-$41.54 after having opened the day at $41.10 as compared to the previous trading day's close of $41.21.

Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, management, and leasing of industrial distribution and retail properties. Prologis has a market cap of $20.6 billion and is part of the financial sector. Shares are up 11.5% year-to-date as of the close of trading on Monday. Currently there are 12 analysts who rate Prologis a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Prologis as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. Get the full Prologis 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, Equity Residential ( EQR) is up $0.46 (0.7%) to $62.42 on light volume. Thus far, 519,546 shares of Equity Residential exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $61.90-$62.47 after having opened the day at $61.92 as compared to the previous trading day's close of $61.96.

Equity Residential, a real estate investment trust (REIT), engages in the acquisition, development, and management of multifamily properties in the United States. Equity Residential has a market cap of $22.4 billion and is part of the financial sector. Shares are up 19.4% year-to-date as of the close of trading on Monday. Currently there are 6 analysts who rate Equity Residential a buy, 2 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Equity Residential as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, impressive record of earnings per share growth, 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 Equity Residential 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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