2 Monster Stocks in the Making
Who wants monster returns? Indeed, the answer to that question is obvious. What is less clear are the stocks you might buy to make your money many times over. While numerous stocks across multiple industries could achieve that goal, earning outsized profits usually means selecting stocks that drive fundamental change in an industry. Early investors in Netflix (NASDAQ: NFLX) streamed massive returns because the company changed the way people view programming.
The Netflix story may have already played out in large measure. The good news for today's investors is that the market still offers growth stocks that are shaking up sectors. Fortunately, it's not too late to buy stocks with this potential relatively early. Although the market cannot offer guarantees, Innovative Industrial Properties (NYSE: IIPR) and Plug Power (NASDAQ: PLUG) are two stocks well-positioned to achieve such a feat.
Admittedly, cannabis is nothing new, but its recent legality in many parts of the U.S. has brought budding opportunities. One involves the sudden demand for marijuana-related properties. Innovative Industrial is the first real estate investment trust (REIT) devoted to properties designed for cannabis production.
Source Fool.com
