3 Stocks Pushing 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 77 points (-0.5%) at 16,493 as of Tuesday, Aug. 5, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,020 issues advancing vs. 1,966 declining with 149 unchanged.

The Real Estate industry currently sits down 0.2% versus the S&P 500, which is down 0.6%. On the negative front, top decliners within the industry include E-House China Holdings ( EJ), down 4.9%, Altisource Portfolio Solutions ( ASPS), down 3.5%, Ryman Hospitality Properties ( RHP), down 3.3%, Brookfield Asset Management ( BAM), down 0.9% and Host Hotels & Resorts ( HST), down 0.8%.

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

3. American Tower ( AMT) is one of the companies pushing the Real Estate industry lower today. As of noon trading, American Tower is down $0.51 (-0.5%) to $95.05 on average volume. Thus far, 969,670 shares of American Tower exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $94.37-$95.27 after having opened the day at $94.92 as compared to the previous trading day's close of $95.56.

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 $37.4 billion and is part of the financial sector. Shares are up 19.7% year-to-date as of the close of trading on Monday. Currently there are 13 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 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 liked this article you might like

More Risk Than Reward on American Tower

Stocks Are Guilty by Association: Cramer's 'Mad Money' Recap (Thursday 7/20/17)

Cramer: These Sectors Look Bullish (Part III)

Cramer: There Are Powerful Themes in Several Bull Markets

Southwest, Hawaiian Holdings, Nucor, and American Water Works: 'Mad Money' Lightning Round