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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 22 points (0.1%) at 17,036 as of Wednesday, Sept. 10, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,316 issues advancing vs. 1,661 declining with 150 unchanged.

The Real Estate industry currently sits down 0.7% versus the S&P 500, which is up 0.1%. On the negative front, top decliners within the industry include UDR ( UDR), down 2.4%, Camden Property ( CPT), down 2.2%, Essex Property ( ESS), down 1.8%, Boston Properties ( BXP), down 1.6% and HCP ( HCP), down 1.4%.

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

3. Icahn ( IEP) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Icahn is up $0.81 (0.7%) to $109.65 on light volume. Thus far, 26,870 shares of Icahn exchanged hands as compared to its average daily volume of 104,800 shares. The stock has ranged in price between $108.71-$109.99 after having opened the day at $109.14 as compared to the previous trading day's close of $108.84.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Icahn Enterprises L.P. is engaged in the investment, automotive, energy, metals, railcar, gaming, food packaging, real estate, and home fashion businesses in the United States and Internationally. Icahn has a market cap of $13.2 billion and is part of the conglomerates sector. Shares are down 0.5% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Icahn a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Icahn as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. 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 Icahn 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, CoStar Group ( CSGP) is up $1.51 (1.1%) to $145.83 on light volume. Thus far, 53,938 shares of CoStar Group exchanged hands as compared to its average daily volume of 333,900 shares. The stock has ranged in price between $143.34-$146.17 after having opened the day at $144.73 as compared to the previous trading day's close of $144.32.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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 $4.7 billion and is part of the financial sector. Shares are down 21.8% year-to-date as of the close of trading on Tuesday. 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.

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, Zillow ( Z) is up $1.46 (1.1%) to $131.57 on light volume. Thus far, 432,440 shares of Zillow exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $129.38-$132.75 after having opened the day at $131.00 as compared to the previous trading day's close of $130.11.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Zillow, Inc. operates real estate and home-related information marketplaces on mobile and the Web in the United States. The company owns and operates Zillow.com. Zillow has a market cap of $4.5 billion and is part of the financial sector. Shares are up 59.2% year-to-date as of the close of trading on Tuesday. Currently there are 4 analysts who rate Zillow a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Zillow as a hold. 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 and solid stock price performance. However, as a counter to these strengths, we find that net income has been generally deteriorating over time. Get the full Zillow 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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