3 Stocks Dragging The Real Estate Industry Downward

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 17 points (-0.1%) at 17,039 as of Tuesday, July 15, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 915 issues advancing vs. 2,069 declining with 174 unchanged.

The Real Estate industry currently sits down 0.2% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the industry include Alexander & Baldwin ( ALEX), down 2.1%, Corrections Corp of America ( CXW), down 1.7%, Jones Lang LaSalle ( JLL), down 1.4%, CommonWealth REIT ( CWH), down 1.3% and RLJ Lodging ( RLJ), down 1.0%. A company within the industry that increased today was SL Green Realty ( SLG), up 0.6%.

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

3. CBRE Group ( CBG) is one of the companies pushing the Real Estate industry lower today. As of noon trading, CBRE Group is down $0.25 (-0.8%) to $32.66 on average volume. Thus far, 870,399 shares of CBRE Group exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $32.56-$33.06 after having opened the day at $32.98 as compared to the previous trading day's close of $32.91.

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 $10.8 billion and is part of the financial sector. Shares are up 25.1% year-to-date as of the close of trading on Monday. Currently there are 4 analysts that 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.

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, Prologis ( PLD) is down $0.25 (-0.6%) to $41.34 on light volume. Thus far, 502,445 shares of Prologis exchanged hands as compared to its average daily volume of 2.3 million shares. The stock has ranged in price between $41.23-$41.71 after having opened the day at $41.71 as compared to the previous trading day's close of $41.59.

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 12.6% year-to-date as of the close of trading on Monday. Currently there are 12 analysts that 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.

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 $0.80 (-0.9%) to $91.17 on average volume. Thus far, 825,008 shares of American Tower exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $90.81-$92.02 after having opened the day at $91.95 as compared to the previous trading day's close of $91.97.

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 $36.3 billion and is part of the financial sector. Shares are up 15.2% year-to-date as of the close of trading on Monday. 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, solid stock price performance, increase in net income, good cash flow from operations and growth in earnings per share. 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 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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