Warren Buffett believes in America -- that it will recover from a recession and from the COVID-19 pandemic. At a virtual shareholders' meeting in May, the legendary head of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) told investors that "nothing can basically stop America" and that "the American magic has always prevailed and it will do so again."
And Berkshire's portfolio is full of top U.S. stocks -- banks, consumer goods, healthcare companies and more -- that will rise and fall along with the American economy. Below are three stocks you can buy right now that will allow you to do the same as Buffett -- bet on America. Although Buffett doesn't own all of these stocks, they're all strong businesses with solid fundamentals that he'd likely be bullish on and that wouldn't look out of place in any portfolio.
Innovative Industrial Properties (NYSE: IIPR) is a real estate investment trust that gives investors exposure to the marijuana market. By targeting and buying distressed assets from cannabis growers and then leasing those assets back to them, Innovative Industrial Properties takes on strategic investments that can ensure it gets the most bang for its buck. And as long as the cannabis industry continues to grow, it won't need to worry about vacant properties, either.