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.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 25 points (-0.1%) at 17,365 as of Monday, Nov. 3, 2014, 12:00 PM ET. The NYSE advances/declines ratio sits at 1,608 issues advancing vs. 1,366 declining with 174 unchanged.

The Real Estate industry currently sits up 0.4% versus the S&P 500, which is up 0.1%. A company within the industry that fell today was American Realty Capital Properties ( ARCP), up 6.5%. Top gainers within the industry include Federal Realty Investment ( FRT), up 1.6%, Camden Property ( CPT), up 1.4%, General Growth Properties ( GGP), up 1.1%, UDR ( UDR), up 1.1% and Weyerhaeuser ( WY), up 1.1%.

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

3. Ocwen Financial ( OCN) is one of the companies pushing the Real Estate industry lower today. As of noon trading, Ocwen Financial is down $0.52 (-2.2%) to $23.04 on light volume. Thus far, 641,447 shares of Ocwen Financial exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $22.87-$23.49 after having opened the day at $23.43 as compared to the previous trading day's close of $23.56.

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

Ocwen Financial Corporation, through its subsidiaries, is engaged in the servicing and origination of mortgage loans in the United States and internationally. Ocwen Financial has a market cap of $3.0 billion and is part of the financial sector. Shares are down 57.5% year-to-date as of the close of trading on Friday. Currently there is 1 analyst that rates Ocwen Financial a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Ocwen Financial as a hold. The company's strongest point has been its very decent return on equity which we feel should persist. At the same time, however, we also find weaknesses including deteriorating net income and a generally disappointing performance in the stock itself. Get the full Ocwen Financial 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, Digital Realty ( DLR) is down $1.08 (-1.6%) to $67.92 on average volume. Thus far, 452,940 shares of Digital Realty exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $67.86-$68.66 after having opened the day at $68.47 as compared to the previous trading day's close of $68.99.

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

Digital Realty Trust, Inc., a real estate investment trust (REIT), through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. Digital Realty has a market cap of $9.1 billion and is part of the financial sector. Shares are up 40.5% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate Digital Realty a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Digital Realty as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Digital Realty 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 $1.03 (-1.1%) to $96.47 on average volume. Thus far, 1.1 million shares of American Tower exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $95.83-$97.14 after having opened the day at $95.83 as compared to the previous trading day's close of $97.50.

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

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 $39.2 billion and is part of the financial sector. Shares are up 22.1% year-to-date as of the close of trading on Friday. Currently there are 11 analysts that rate American Tower a buy, no analysts rate it a sell, and 1 rates 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, notable return on equity, solid stock price performance, compelling growth in net income and good cash flow from operations. 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 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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