Bill OxfordAmerican Tower (NYSE:AMT) currently offers a discounted valuation compared to its history and has a sustainable dividend, making it an interesting play within the REIT sector. As I’ve covered in a previous article, American Tower is a good long-term income investment due to strong fundamentals and a sustainable dividend. However, its relatively weak growth prospects have been a drag on its share price performance, and since my previous article its shares are up by ~5%, clearly underperforming ...

In the latest trading session, American Tower (AMT) closed at $193.62, marking a +1.02% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.82%. Elsewhere, the Dow saw an upswing of 0.41%, while the tech-heavy Nasdaq appreciated by 0.95%.Shares of the wireless communications infrastructure company have depreciated by 9.53% over the course of the past month, underperforming the Finance sector's gain of 1.02% and the S&P 500's gain of 5.59%.Market participants will be cl ...

Bill OxfordInvestment Thesis American Tower Corporation (NYSE:AMT) is well positioned to experience growth, taking advantage of the increasing mobile penetration and data demand. The expansion of voice and data networks, along with the growing adoption of devices (excluding IoT), indicates a demand for AMT's infrastructure services worldwide. From my perspective, AMT has consistently shown revenue growth despite some fluctuations in earnings per share due to factors only effecting the business in the sh ...

In the latest market close, American Tower (AMT) reached $198.39, with a +1.4% movement compared to the previous day. The stock exceeded the S&P 500, which registered a gain of 1.25% for the day. At the same time, the Dow added 0.97%, and the tech-heavy Nasdaq gained 1.3%.The the stock of wireless communications infrastructure company has fallen by 8.87% in the past month, lagging the Finance sector's loss of 2.58% and the S&P 500's gain of 1.58%.Market participants will be closely following the financial r ...

The fourth-quarter reporting cycle is underway, and investors can be lured by the profits of companies that have already released their quarterly figures. However, rather than adding the stock later to your portfolio, accumulating the ones poised to beat estimates can generate higher gains. This is because an earnings beat usually serves as a catalyst, raising investors’ confidence in the stock and resulting in price appreciation.This is likely to be reflected in the earnings releases of American Tower Corp ...

The most recent trading session ended with American Tower (AMT) standing at $197.29, reflecting a -1.46% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily loss of 0.07%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.36%.Heading into today, shares of the wireless communications infrastructure company had lost 7.81% over the past month, lagging the Finance sector's loss of 1.77% and the S&P 500's gain of 3.05% in that time.Market parti ...

American Tower Corporation’s (AMT) extensive and geographically diversified communication real estate portfolio is going to benefit from increased investments by wireless carriers in 4G and 5G networks. Its expansionary efforts augur well for long-term growth, though customer concentration and high interest rates pose key concerns.What’s Aiding It?With the advancement in mobile technology, such as 4G and 5G networks and the proliferation of bandwidth-intensive applications, mobile data usage has increased s ...

The emerging bull market has put many investors' focus back on growth stocks -- and for good reason. Identifying opportune buys among companies positioned for sustained growth is a well-proven way to build wealth, and the beginning of a stock market run can be a great time to jump aboard.Yet this also is a good time to look at income stocks, which are typically viewed as more defensive, but still represent investments in businesses in sectors with the secular tailwinds to have some nice growth potential of ...

In the latest trading session, American Tower (AMT) closed at $202.26, marking a -0.86% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.29%. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq increased by 0.43%.Heading into today, shares of the wireless communications infrastructure company had lost 5.19% over the past month, lagging the Finance sector's loss of 2.71% and the S&P 500's gain of 2.08% in that time.The upcoming ...

BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) announced today that the press announcement of its fourth quarter and full year 2023 results is scheduled to be released to the news services at 7:00 a.m. ET on Tuesday, February 27, 2024. In addition, the Company has scheduled a conference call at 8:30 a.m. ET on February 27, 2024 to discuss its results. Conference call details are as follows:     Call Date: Tuesday, February 27, 2024 Call Time: 8:30 a.m. ET ...