3 Stocks Dragging In The Real Estate Industry

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 down today with the Dow Jones Industrial Average ( ^DJI) trading down 77 points (-0.5%) at 16,791 as of Thursday, June 26, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,231 issues advancing vs. 1,744 declining with 167 unchanged.

The Real Estate industry currently sits down 0.1% versus the S&P 500, which is down 0.4%. On the negative front, top decliners within the industry include Alto Palermo ( APSA), down 9.4%, Zillow ( Z), down 3.2%, Altisource Portfolio Solutions ( ASPS), down 2.2%, Nationstar Mortgage Holdings ( NSM), down 1.7% and Weingarten Realty Investors ( WRI), down 1.5%. Top gainers within the industry include Altisource Residential Corporation ( RESI), up 3.8%, Weyerhaeuser ( WY), up 1.2%, American Capital Agency ( AGNC), up 1.0% and Starwood Property ( STWD), up 0.9%.

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

3. General Growth Properties ( GGP) is one of the companies pushing the Real Estate industry lower today. As of noon trading, General Growth Properties is down $0.21 (-0.9%) to $23.43 on light volume. Thus far, 1.2 million shares of General Growth Properties exchanged hands as compared to its average daily volume of 3.7 million shares. The stock has ranged in price between $23.41-$23.63 after having opened the day at $23.59 as compared to the previous trading day's close of $23.64.

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 $20.9 billion and is part of the financial sector. Shares are up 17.8% year-to-date as of the close of trading on Wednesday. Currently there are 8 analysts that rate General Growth Properties a buy, no analysts rate it a sell, and 4 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 increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, revenue growth and good cash flow from operations. 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.

STOCKS TO BUY: 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, Boston Properties ( BXP) is down $0.59 (-0.5%) to $117.08 on average volume. Thus far, 327,266 shares of Boston Properties exchanged hands as compared to its average daily volume of 787,100 shares. The stock has ranged in price between $116.86-$117.69 after having opened the day at $117.45 as compared to the previous trading day's close of $117.67.

Boston Properties, Inc., a real estate investment trust (REIT), together with its subsidiaries, engages in the ownership and development of office properties. Boston Properties has a market cap of $18.2 billion and is part of the financial sector. Shares are up 17.9% year-to-date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Boston Properties a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Boston Properties as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, notable return on equity, increase in stock price during the past year and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Boston Properties Ratings Report now.

STOCKS TO BUY: 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 down $0.58 (-0.7%) to $88.70 on average volume. Thus far, 694,357 shares of American Tower exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $88.61-$89.34 after having opened the day at $89.24 as compared to the previous trading day's close of $89.28.

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 $35.3 billion and is part of the financial sector. Shares are up 11.8% year-to-date as of the close of trading on Wednesday. Currently there are 14 analysts that 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, increase in stock price during the past year, increase in net income, good cash flow from operations and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full American Tower Ratings Report now.

STOCKS TO BUY: 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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