Company Overview - American Tower Corporation (AMT) is a Real Estate Investment Trust (REIT) primarily focused on owning cell towers and some data centers, indicating a steady compounder-type business model [1] Investment Strategy - The investment approach emphasizes looking for GARP (growth at a reasonable price) stocks while also being open to opportunities across various sectors [1] - The investment horizon is flexible, with a focus on holding stocks as long as the investment thesis remains valid [1] Market Insights - The stock of American Tower Corporation has recently declined and appears to be at the bottom of a trading range, suggesting a potential buying opportunity [1] - The analyst has developed market-beating algorithms using Python to identify attractive investment opportunities within their portfolio [1] Professional Background - The analyst has experience working at TipRanks as an analysis/news writer and editor, which has provided insights into market trends and investor interests [1] - Previous association with Investor's Compass adds credibility to the analyst's market understanding [1]

Company Overview - American Tower Corporation (AMT) is a Real Estate Investment Trust (REIT) primarily focused on owning cell towers and some data centers [1] Investment Perspective - The company has recently experienced a decline in stock price, suggesting it may be at the bottom of a trading range [1] - AMT is characterized as a steady compounder-type business, appealing to investors looking for growth at a reasonable price (GARP) [1] Investment Strategy - The investment approach does not adhere to a specific time horizon; investments are maintained as long as the underlying thesis remains valid [1] - The company utilizes market-beating algorithms developed with Python to identify attractive investment opportunities within its portfolio [1] Market Engagement - The company has experience in market analysis and news writing, which aids in understanding market trends and investor interests [1] - There is a focus on providing accurate and useful information, addressing misinformation prevalent in the market [1]

Core Insights - Real estate investment trusts (REITs) are required to distribute 90% of their taxable income to investors annually, leading to substantial dividend payouts [1] - S&P Global Market Intelligence forecasts that U.S. REITs will distribute a total of $61.5 billion in dividends in 2026, representing a 4.9% increase from the previous year [1] Prologis - Prologis (NYSE: PLD) is one of the largest REITs by market capitalization, approximately $120 billion, and started 2026 with a 3.1% dividend yield [3] - S&P Global anticipates Prologis will pay $4.3 billion in dividends in 2026, marking a 10% increase from the $3.9 billion paid last year [4] - Prologis has demonstrated a strong track record of dividend growth, with a 13% compound annual growth rate over the past five years, significantly outpacing the REIT sector average of 6% and the S&P 500's 5% [4] American Tower - American Tower (NYSE: AMT) is the leading telecommunications infrastructure REIT, starting 2026 with a 3.9% dividend yield [5] - S&P Global projects that American Tower will distribute $3.4 billion in dividends in 2026, with current dividends at $1.70 per share, equating to approximately $3.2 billion annually [6] - The dividend has fluctuated in recent years, decreasing in 2024 before recovering in 2025, as the company adopted a more conservative approach to retain cash for debt reduction [7] Realty Income - Realty Income (NYSE: O) ranks as the sixth-largest global REIT, operating properties in nine countries, and currently offers a monthly dividend with a yield of 5.7% [9]

Group 1 - TCW Global Real Estate Fund reported a return of +2.37% in Q3 2025, underperforming the S&P Global REIT Index which returned +4.50% [1] - The fund's overweight allocation in Diversified Real Estate Activities positively impacted its performance, while the overweight in Telecom Tower REITs negatively affected it [1] - The fund highlighted American Tower Corporation (NYSE:AMT) as a significant holding, which had a one-month return of -0.89% and a 52-week loss of 3.96% [2] Group 2 - American Tower Corporation (NYSE:AMT) closed at $174.71 per share on December 26, 2025, with a market capitalization of $82.59 billion [2] - In the TCW Global Real Estate Fund's investor letter, American Tower Corporation was noted as one of the two worst-performing securities, with a weight of 6.32% in the fund [3] - Despite its potential, American Tower Corporation is not among the 30 most popular stocks among hedge funds, with 75 hedge fund portfolios holding it at the end of Q3 2025, an increase from 70 in the previous quarter [4]

Core Viewpoint - AmeriTrust Financial Technologies Inc. has successfully closed the first tranche of its brokered offering, raising a total of $36,187,200 through the issuance of Debenture Units and Life Units [1] Group 1: Offering Details - The company issued 20,850 Debenture Units at a price of $1,000 per unit, resulting in gross proceeds of $20,850,000 [1] - The offering was conducted on a private placement basis, indicating a targeted approach to raising capital [1] Group 2: Financial Implications - The total gross proceeds from the offering amount to $36,187,200, highlighting the company's ability to attract significant investment [1]

Group 1 - The article provides a market analysis covering several companies, including American Tower Corp, Transdigm Group Incorporated, Ast Spacemobile Inc, and Rocket Lab USA, Inc [1] Group 2 - The analysis focuses on investment opportunities and market trends related to the telecommunications and aerospace sectors [1]

Core Viewpoint - American Tower Corporation (NYSE:AMT) is identified as a strong investment opportunity for 2026, with multiple analysts reiterating Buy ratings and setting price targets of $200 and $260 [1][2]. Group 1: Analyst Ratings and Price Targets - Eric Luebchow from Wells Fargo has reiterated a Buy rating on AMT with a price target of $200 [1]. - Batya Levi from UBS has also maintained a Buy rating with a price target of $260 [1][2]. Group 2: Strategic Priorities and Growth Potential - Management presented at the UBS Global Media & Communications Conference, outlining strategic priorities for 2026, which include accelerating organic growth, reducing SG&A as a percentage of sales, and enhancing capital allocation discipline [2]. - Analysts expect that carriers will need to double their capacity over the next five years, positioning American Tower to benefit from increased infrastructure demand [3]. Group 3: Legal Matters - Regarding the Echostar litigation, management indicated a willingness to settle the issue outside of court, despite the potential for prolonged court proceedings [3]. Group 4: Company Overview - American Tower Corporation is one of the largest Real Estate Investment Trusts (REITs) in the United States, owning and managing communications real estate both domestically and internationally [4].

Core Insights - The article emphasizes the importance of conducting personal in-depth research and due diligence before making investment decisions [3]. Group 1 - The analysis is intended for informational purposes and should not be considered professional investment advice [3]. - There is a clear disclaimer regarding the lack of stock or derivative positions in the companies mentioned, indicating no potential conflicts of interest [2]. - The article expresses the author's personal opinions and insights, which may differ from broader market views [4].

Group 1 - The real estate investment trusts (REITs) sector is being closely monitored for potential value rotations as 2025 approaches [1] - Brett Ashcroft Green has extensive experience in private credit and commercial real estate mezzanine financing, working with high-net-worth individuals globally [1] - The family operates a real estate brokerage in Nevada, a favorable jurisdiction for tax planning and trusts [1] Group 2 - The article does not provide specific financial advice or recommendations regarding investments [2][3][4]

Core Viewpoint - Japan Gold Corp. has successfully completed a geophysical survey at its Hakuryu Project, which will enhance exploration targeting for future drilling campaigns [1][2]. Company Overview - Japan Gold Corp. is a Canadian mineral company focused on exploring high-grade epithermal gold deposits across Japan, holding a significant portfolio of tenements in areas with known gold occurrences [6]. Survey Details - A 34 line-kilometre Controlled-Source Audio Magnetotellurics (CSAMT) and natural source (AMT) geophysical survey was conducted at the Hakuryu Project, producing high-resolution images of subsurface geology [1][2]. - The survey data will refine drill hole locations and support more precise exploration targeting in the next drilling campaign [2]. Drilling Results - The next drilling phase will build on positive results from 2025, including drill hole DDH-HAK-001, which returned 24.10 g/t Au over 0.60 metres, indicating potential for high-grade mineralization [3][8]. - Initial drilling at Hakuryu commenced in April 2025, with significant assay results indicating anomalous gold mineralization associated with a hydrothermal brecciation zone [8]. Project Highlights - The Hakuryu Project is located at the southern end of the Konomai gold field, which historically produced 2.35 million ounces of gold at an average grade of 6.4 g/t [8]. - The mineralization in drill holes DDH-HAK-001 and DDH-HAK-002 indicates continuity over 145 metres of strike, associated with a structural zone that extends for over 5 km [8].