2 Reasons Why You Shouldn't Give Up on Innovative Industrial Properties
Marijuana-related stocks have come back down to Earth, but this pick-and-shovel play still has growth appeal.
Innovative Industrial Properties, Inc. Class A
| Symbol | Last Price | Market Cap | % Δ 1 Yr | % Δ 5 Yr |
|---|---|---|---|---|
|
IIPR
Innovative Industrial Properties
|
$186.91 | $5B | 6.2% | 1,293.4% |
|
RDFN |
$18.32 | $2B | -76.1% | |
|
ROIC |
$18.70 | $2B | 15.0% | 8.5% |
|
OPEN |
$6.86 | $4B | -73.9% | |
|
EPR |
$52.60 | $4B | 13.9% | -4.0% |
Marijuana-related stocks have come back down to Earth, but this pick-and-shovel play still has growth appeal.
All three are built for the long run.
All three are leaders in their respective markets and have huge growth opportunities.
It's possible, but there's a key difference that makes it unlikely.
Let's get the FIRE (financial independence, retire early) started with these high-performing real estate investment trusts (REITs) growing at a double-digit pace.
Investors are looking for diversification, and some think real estate's the place to find it.
Analysts see an upside of 49% for this pot stock for the next 12 months.
Diversifying is a smart way of investing!
IIPR earnings call for the period ending December 31, 2021.
Innovative Industrial Properties stock is up more than 3% on Thursday near the market close following the cannabis company's release of its Q4 results on Wednesday after the close.