Investors often get caught up in the short-term ups and downs of the stock market. Right now Mr. Market is in a dour mood, seemingly selling off anything that isn't nailed down. But you shouldn't follow along on this ride -- instead, focus on the long-term value of what you can buy. And in that regard, real estate investment trusts (REITs) Innovative Industrial Properties (NYSE: IIPR) and Prologis (NYSE: PLD) are still high flyers worth looking at.
Innovative Industrial Properties shares are down 50% from their late-2021 peak. And yet if you look back five years, the stock is still up a massive 685%. So despite the recent pullback, this is still very much a high-flying REIT . That's been driven by rapid growth, which doesn't look likely to end anytime soon.
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For further details see:
School's Almost Out, but These High-Flying REITs Are In