REITs are normally thought of as income stocks, but these three landlords have material growth prospects, too.
Innovative Industrial Properties stock returned 125% over the last year, so the cannabis REIT needs to turn in a strong second-quarter earnings report to keep investors happy.
Many stockholders invest in the hope of finding stocks that later deliver outsized returns. Innovative Industrial is a unique take on real estate investment trusts (REITs): It acquires and leases facilities for cannabis production to marijuana companies. Additionally, it provides another essential need that smart investors know well.