3 Stocks Advancing The Real Estate Industry

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 151 points (0.9%) at 17,857 as of Wednesday, May 25, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,944 issues advancing vs. 983 declining with 158 unchanged.

The Real Estate industry currently sits down 0.1% versus the S&P 500, which is up 0.7%. Top gainers within the industry include CBRE Group ( CBG), up 2.7%, NorthStar Asset Management Group ( NSAM), up 2.5%, Santander Consumer USA Holdings ( SC), up 2.4%, Host Hotels & Resorts ( HST), up 1.8% and Weyerhaeuser ( WY), up 1.4%. On the negative front, top decliners within the industry include CBL & Associates Properties ( CBL), down 10.4%, Momo ( MOMO), down 5.0%, Sovran Self Storage ( SSS), down 1.6%, Weingarten Realty Investors ( WRI), down 1.6% and CubeSmart ( CUBE), down 1.5%.

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

3. Essex Property ( ESS) is one of the companies pushing the Real Estate industry higher today. As of noon trading, Essex Property is up $2.19 (1.0%) to $225.68 on average volume. Thus far, 204,034 shares of Essex Property exchanged hands as compared to its average daily volume of 426,700 shares. The stock has ranged in price between $222.28-$226.02 after having opened the day at $223.86 as compared to the previous trading day's close of $223.49.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Essex Property Trust, Inc. operates as a self-administered and self-managed real estate investment trust in the United States. It engages in the ownership, operation, management, acquisition, development, and redevelopment of apartment communities, as well as commercial properties. Essex Property has a market cap of $14.5 billion and is part of the financial sector. Shares are down 6.7% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts who rate Essex Property a buy, no analysts rate it a sell, and 8 rate it a hold.

TheStreet Ratings rates Essex Property as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Essex Property Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

2. As of noon trading, Digital Realty ( DLR) is up $0.74 (0.8%) to $94.91 on light volume. Thus far, 625,476 shares of Digital Realty exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $93.33-$95.08 after having opened the day at $94.23 as compared to the previous trading day's close of $94.17.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

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 $13.8 billion and is part of the financial sector. Shares are up 24.5% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts who rate Digital Realty a buy, 1 analyst rates it a sell, and 5 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 revenue growth and solid stock price performance. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full Digital Realty Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

1. As of noon trading, American Tower ( AMT) is up $0.91 (0.9%) to $106.21 on light volume. Thus far, 508,648 shares of American Tower exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $105.52-$106.27 after having opened the day at $106.00 as compared to the previous trading day's close of $105.30.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

American Tower Corporation is a real estate investment trust. It invests in the real estate markets across the globe. American Tower has a market cap of $44.2 billion and is part of the technology sector. Shares are up 8.6% year-to-date as of the close of trading on Tuesday. Currently there are 14 analysts who 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, increase in net income, good cash flow from operations, solid stock price performance and growth in earnings per share. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full American Tower Ratings Report now.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

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).

More from Markets

FCC Rocks Sinclair-Tribune Merger; Arconic Makes Perfect PE Sense -- ICYMI

FCC Rocks Sinclair-Tribune Merger; Arconic Makes Perfect PE Sense -- ICYMI

Bank of America Rips on Earnings Beat, But Analysts See Even More Gains Ahead

Bank of America Rips on Earnings Beat, But Analysts See Even More Gains Ahead

Will Micron Buy Back $10 Billion in Stock? Analyst Says Yes

Will Micron Buy Back $10 Billion in Stock? Analyst Says Yes

Stocks End Mixed as Dow Rises, S&P 500 and Nasdaq Slip

Stocks End Mixed as Dow Rises, S&P 500 and Nasdaq Slip

What to Watch When UnitedHealth Reports Results

What to Watch When UnitedHealth Reports Results