Most stock market investors buy shares in Fortune 500 companies or the businesses they personally use. However, there are a wealth of opportunities for anyone interested in investing outside the box. Here are three super stock opportunities you shouldn’t overlook.
AbbVie Inc. (ABBV)
The pharmaceutical sector can deliver strong dividends and growth, but finding the right company to invest in can be difficult. A strong pharmaceutical business can easily falter if its drugs aren’t approved by the Food and Drug Administration (FDA) or become superseded by other medications. Investopedia encourages investors to buy shares in pharmaceutical companies with a strong hold on a narrow niche market to alleviate those risks. AbbVie Inc. is one company that ticks all the boxes.
AbbVie Inc. is the business behind Marinol, one of the world’s first legal cannabis-based medications. It’s already gained FDA approval for treating appetite loss in AIDS patients and nausea associated with chemotherapy. The business is also diverse, creating other medications for patients with autoimmune disorders, testosterone replacement, HIV suppression therapy, and other health complaints. Its unique exploration of cannabis for therapy and industry acceptance make it one of the best marijuana stocks, according to investment experts.
Icahn Enterprises LP (IEP)
With a net worth of $19 billion USD, Carl Icahn is the poster boy for American investors. His investment returns exceed Warren Buffett’s, and you can claim a piece of the action when you buy shares in his investment vehicle, Icahn Enterprises LP.
It might be down more than 50 percent on the dizzy heights of 2014, but Icahn is the kind of guy destined to bounce back. Invest in his low-priced shares and hang on for the ride. His stocks are already paying dividends of around seven dollars a share, and they might climb even higher with recent acquisitions of Energen and VMware.
Senior Housing Properties Trust (SNH)
Senior housing is one of those topics most people don’t think about until they have elderly parents or are themselves approaching old age. However, as the U.S. population ages, senior accommodation and other services targeting the elderly, like healthcare and lifestyle aids, represent excellent investment opportunities.
Senior Housing Properties Trust is one of America’s largest senior-housing real estate investment trusts (REITs), with more than 400 aged care properties dotted around the country. REITs like Senior Housing Properties Trust must adhere to special tax rules which benefit investors. They must pay investors an income stream as dividends. They must also give at least 90 percent of their taxable income back to their shareholders. REITs are easy to obtain, working just like regular stocks through your existing brokerage account.
Senior Housing Properties Trust’s shares already have a dividend yield of around 8.45 percent, at a time when nearly 50 million Americans are older than 65. By 2035, nearly 80 million Americans will be over 65. With greater anticipated demand, Senior Housing Properties Trust is a smart long-term investment.
Aren’t you glad we brought these stocks to your attention? They’re not common choices, but they promise great value for your money so they shouldn’t be overlooked.
