3 Stocks Pushing The Real Estate 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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 66 points (-0.4%) at 16,378 as of Thursday, Aug. 7, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,344 issues advancing vs. 1,660 declining with 123 unchanged.

The Real Estate industry currently is unchanged today versus the S&P 500, which is down 0.5%. Top gainers within the industry include Kennedy-Wilson Holdings ( KW), up 6.5%, PennyMac Mortgage Investment ( PMT), up 3.8%, Corrections Corp of America ( CXW), up 3.2%, Regency Centers ( REG), up 1.7% and Jones Lang LaSalle ( JLL), up 1.7%. On the negative front, top decliners within the industry include Altisource Portfolio Solutions ( ASPS), down 2.8%, Icahn ( IEP), down 1.5%, Starwood Property ( STWD), down 0.8% and Realogy Holdings ( RLGY), down 0.9%.

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

3. CoStar Group ( CSGP) is one of the companies pushing the Real Estate industry higher today. As of noon trading, CoStar Group is up $1.84 (1.3%) to $143.45 on light volume. Thus far, 122,919 shares of CoStar Group exchanged hands as compared to its average daily volume of 370,700 shares. The stock has ranged in price between $139.86-$144.44 after having opened the day at $142.47 as compared to the previous trading day's close of $141.61.

CoStar Group, Inc. provides information, analytics, and marketing services to the commercial real estate industry in the United States, the United Kingdom, and France. CoStar Group has a market cap of $4.6 billion and is part of the financial sector. Shares are down 23.3% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts who rate CoStar Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates CoStar Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full CoStar Group Ratings Report now.

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2. As of noon trading, CBRE Group ( CBG) is up $0.30 (1.0%) to $30.51 on average volume. Thus far, 1.0 million shares of CBRE Group exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $30.26-$30.72 after having opened the day at $30.44 as compared to the previous trading day's close of $30.21.

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 $10.2 billion and is part of the financial sector. Shares are up 14.9% year-to-date as of the close of trading on Wednesday. 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 robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, compelling growth in net income and impressive record of earnings per share growth. 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.

1. As of noon trading, Annaly Capital Management ( NLY) is up $0.14 (1.2%) to $11.40 on heavy volume. Thus far, 5.9 million shares of Annaly Capital Management exchanged hands as compared to its average daily volume of 7.1 million shares. The stock has ranged in price between $11.35-$11.50 after having opened the day at $11.48 as compared to the previous trading day's close of $11.26.

Annaly Capital Management, Inc. owns a portfolio of real estate related investments in the United States. Annaly Capital Management has a market cap of $10.7 billion and is part of the financial sector. Shares are up 12.9% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates Annaly Capital Management a buy, 2 analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates Annaly Capital Management as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, reasonable valuation levels and good cash flow from operations. 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 Annaly Capital Management 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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