IRM - 2 Unstoppable REIT Stocks to Buy In 2023
There's a lot of uncertainty around whether or not 2023 will see the U.S. enter into an official recession. Inflation remains at decade-high levels despite multiple large interest rate hikes made by the Federal Reserve this year. The worries and responses point to 2023 being another volatile year for investors.
The good news is that there are stocks well positioned for unstoppable growth in 2023, regardless of what the broader market may be doing. Two real estate investment trust ( REIT ) stocks that look particularly teed up for another strong year are Iron Mountain (NYSE: IRM) and Farmland Partners (NYSE: FPI) .
Their stocks are up 12% and 8% respectively over the past year, while the S&P 500 is down nearly 16%. Here's a closer look at these two unstoppable REITs and why they have what it takes to keep growing.
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2 Unstoppable REIT Stocks to Buy In 2023