If You Invested $100 In This Stock 5 Years Ago, You Would Have $200 Today
Portfolio Pulse from Benzinga Insights
Innovative Industrial Properties (NYSE:IIPR) has delivered an average annual return of 16.84% over the past 5 years, outperforming the market by 3.34% on an annualized basis. A $100 investment in IIPR 5 years ago would be worth $223.65 today. The company currently has a market cap of $2.86 billion.
January 01, 2024 | 5:04 pm
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Innovative Industrial Properties has shown strong performance with a 16.84% average annual return over the past 5 years, doubling an investment from $100 to $223.65.
The historical performance of IIPR is impressive, indicating a strong past growth trend. This positive retrospective analysis could attract investors seeking stocks with a proven track record of returns, potentially driving up the stock price in the short term.
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