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.

One out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 15 points (0.1%) at 17,122 as of Wednesday, Aug. 27, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,632 issues advancing vs. 1,319 declining with 192 unchanged.

The Real Estate industry currently sits down 0.1% versus the S&P 500, which is unchanged. Top gainers within the industry include Hilltop Holdings ( HTH), up 2.9%, and Gazit-Globe ( GZT), up 1.2%. On the negative front, top decliners within the industry include China HGS Real Estate ( HGSH), down 11.3%, CoStar Group ( CSGP), down 1.7%, Zillow ( Z), down 1.3% and Howard Hughes ( HHC), down 0.8%.

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

3. Brookfield Asset Management ( BAM) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Brookfield Asset Management is up $0.36 (0.8%) to $48.21 on light volume. Thus far, 81,259 shares of Brookfield Asset Management exchanged hands as compared to its average daily volume of 459,800 shares. The stock has ranged in price between $47.98-$48.33 after having opened the day at $47.98 as compared to the previous trading day's close of $47.85.

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Brookfield Asset Management Inc. is a publicly owned asset management holding company. Through its subsidiaries the firm invests in the property, power, and infrastructure sectors. Brookfield Asset Management has a market cap of $29.6 billion and is part of the financial sector. Shares are up 23.6% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts who rate Brookfield Asset Management a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Brookfield Asset Management as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, reasonable valuation levels, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Brookfield Asset Management 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.

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