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Here's Why You Should Keep American Tower in Your Portfolio
ZACKS· 2024-09-24 17:31
American Tower Corporation’s (AMT) extensive and geographically diversified communication real estate portfolio positions it well to ride the growth curve amid rising capital spending by wireless carriers on the incremental demand from global 4G and 5G deployment efforts.Its expansionary efforts and disciplined capital-allocation strategy augur well for long-term growth. However, customer concentration poses a key concern for the company.What’s Aiding AMT Stock?With the advancement in mobile technology, suc ...
uniQure Announces Orphan Drug Designation Granted to AMT-191 for the Treatment of Fabry Disease
GlobeNewswire News Room· 2024-09-23 11:05
LEXINGTON, Mass. and AMSTERDAM, Sept. 23, 2024 (GLOBE NEWSWIRE) -- uniQure N.V. (NASDAQ: QURE), a leading gene therapy company advancing transformative therapies for patients with severe medical needs, today announced that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation to AMT-191, uniQure’s investigational gene therapy for the treatment of Fabry disease, a rare, inherited genetic disease. In August 2024, uniQure announced the dosing of the first patient in its U.S., multi-ce ...
American Tower: Long Way Down
Seeking Alpha· 2024-09-20 18:25
Take advantage of the currently offered discount on annual memberships and give CIP a try. The offer comes with a 11 month money guarantee , for first time members.Conservative Income Portfolio targets the best value stocks with the highest margins of safety. The volatility of these investments is further lowered using the best priced options. Our Enhanced Equity Income Solutions Portfolio is designed to reduce volatility while generating 7-9% yields.In our previous piece on American Tower Corporation (NYSE ...
American Tower (AMT) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-09-19 23:21
American Tower (AMT) closed the latest trading day at $232.31, indicating a -1.54% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 1.7%. Meanwhile, the Dow gained 1.26%, and the Nasdaq, a tech-heavy index, added 2.51%.The the stock of wireless communications infrastructure company has risen by 7.5% in the past month, leading the Finance sector's gain of 2.47% and the S&P 500's gain of 1.27%.Investors will be eagerly watching for the performance of Ameri ...
American Tower: 5G Reacceleration, But Volatility Comes First (Rating Upgrade)
Seeking Alpha· 2024-09-19 20:02
Since I last covered American Tower Corporation (NYSE: AMT ) in February in my piece entitled " Telco Spending Issue And Rate Sensitivity Risks" its price has appreciated by nearly 22% and was trading at around $236 atAs a tech-focused industry Research Analyst, I aim to provide differentiated insights, whether it is for investing, trading, or informational reasons. For this purpose, I am not a classical equity researcher from the financial sector, but, I come from the IT world and my insights are based on ...
American Tower (AMT) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-09-12 23:21
In the latest market close, American Tower (AMT) reached $237.14, with a -0.77% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.75%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 1%.Coming into today, shares of the wireless communications infrastructure company had gained 7.07% in the past month. In that same time, the Finance sector gained 4.06%, while the S&P 500 gained 4.03%.Market participants will be closely following the financ ...
American Tower Corporation (AMT) Bank of America 2024 Global Real Estate Conference (Transcript)
Seeking Alpha· 2024-09-10 20:15
American Tower Corporation (NYSE:AMT) Bank of America 2024 Global Real Estate Conference September 10, 2024 1:30 PM ET Company Participants Adam Smith - Senior Vice President, Corporate Finance and Investor Relations Conference Call Participants Dave Barden - Bank of America Dave Barden All right. Welcome everybody. Thank you for joining. I'm Dave Barden. I head up communications, infrastructure and telecommunications research for the U.S. and Canada for Bank of America. I'm kind of moonlighting here at Jef ...
American Tower Corporation (AMT) Bank of America 2024 Global Real Estate Conference (Transcript)
2024-09-10 20:15
American Tower Corporation (NYSE:AMT) Bank of America 2024 Global Real Estate Conference September 10, 2024 1:30 PM ET Company Participants Adam Smith - Senior Vice President, Corporate Finance and Investor Relations Conference Call Participants Dave Barden - Bank of America Dave Barden All right. Welcome everybody. Thank you for joining. I'm Dave Barden. I head up communications, infrastructure and telecommunications research for the U.S. and Canada for Bank of America. I'm kind of moonlighting here at Jef ...
American Tower Corporation (AMT) Goldman Sachs Communacopia + Technology Conference (Transcript)
2024-09-10 00:03
American Tower Corporation (NYSE:AMT) Goldman Sachs Communacopia + Technology Conference September 9, 2024 4:45 PM ET Company Participants Steve Vondran - Chief Executive Officer Conference Call Participants Jim Schneider - Goldman Sachs Jim Schneider Okay, great. Hey, good morning, everybody, or good afternoon, everybody. Welcome to the Goldman Sachs Communacopia and Tech Conference. It's my pleasure to introduce American Tower and CEO Steve Vondran with us today. We're really -- pleasure to have you. Than ...
Why the Market Dipped But American Tower (AMT) Gained Today
ZACKS· 2024-09-06 23:15
American Tower (AMT) closed at $236.16 in the latest trading session, marking a +1.08% move from the prior day. The stock outpaced the S&P 500's daily loss of 1.73%. Elsewhere, the Dow lost 1.01%, while the tech-heavy Nasdaq lost 2.55%.Heading into today, shares of the wireless communications infrastructure company had gained 4.49% over the past month, lagging the Finance sector's gain of 8.45% and the S&P 500's gain of 6.22% in that time.The investment community will be closely monitoring the performance o ...