From Nasdaq: 2024-03-30 08:50:00

The S&P 500 has been reaching record heights in 2024, boosting investor confidence in the stock market. Historically, bear markets occur every four years, followed by bull markets lasting longer periods. Investing in successful companies during both highs and lows can lead to significant returns. Two companies to consider are Innovative Industrial Properties (IIPR) and Alibaba.

Innovative Industrial Properties operates as a real estate investment trust (REIT) in the medical cannabis industry. With revenue of $310 million in 2023, the company’s portfolio consists of properties rented to multi-state operators (MSOs). Offering a 7% yield and a growing dividend, IIPR provides steady returns for investors in a rapidly expanding market.

Alibaba, the e-commerce leader in China, has seen stock declines due to regulatory challenges and a slowing economy. Despite this, the company holds a strong position in China’s e-commerce market, cloud services, and retail chain Freshippo. With $37 billion in revenue and a $92 billion cash reserve, Alibaba presents a unique growth opportunity for investors.

For risk-tolerant investors, Innovative Industrial Properties and Alibaba offer potential for significant returns in expanding markets. The Motley Fool Stock Advisor service provides insights into top stock picks, including ones that could produce significant growth. With a track record of outperforming the S&P 500, Stock Advisor offers a blueprint for successful investing.



Read more at Nasdaq: A Bull Market Is Here: 2 Spectacular Growth Stocks to Invest $1,000 in Right Now