American Tower(AMT)
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Why American Tower Is a Strong Buy After 3-Year Decline
Gurufocus· 2024-07-18 13:02
American Tower Corp. (AMT, Financial) is known as a good stock for long-term holding. Legendary value investor Chuck Akre (Trades, Portfolio)'s firm has owned this stock for more than 15 years in his fund portfolio. Currently, Akre Capital Management holds nearly 6.20 million shares of the company, representing nearly 8.60% of its equity portfolio. But the stock has done badly in the last three years, down 30.40%, making shareholders disappointed. Let's take a closer look to determine whether American Tower ...
American Tower (AMT) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-07-17 23:21
American Tower (AMT) closed at $213.12 in the latest trading session, marking a +1.41% move from the prior day. The stock outpaced the S&P 500's daily loss of 1.39%. Elsewhere, the Dow saw an upswing of 0.6%, while the tech-heavy Nasdaq depreciated by 2.77%.The the stock of wireless communications infrastructure company has risen by 9.01% in the past month, leading the Finance sector's loss of 0.08% and the S&P 500's gain of 4.43%.The upcoming earnings release of American Tower will be of great interest to ...
3 Stocks for Patient Investors Looking to Build Generational Wealth
Investor Place· 2024-07-14 19:00
The best way to get rich is not through get-rich quick schemes — slow and steady wins the race. It is not something to achieve in a single quarter or even a year. You create financial freedom that you can pass on to your children and grandchildren over a lifetime. The best generational wealth stocks are those that pay dividends. Income-generating stocks have a long history of outperforming not only non-dividend-paying stocks but other asset classes as well.A Deutsche Bank study showed that over the past 100 ...
American Tower: The REIT Way To Ride The 5G Wave
Seeking Alpha· 2024-07-13 09:02
bjdlzx American Tower (NYSE:AMT) is a leading global REIT that owns, develops, and operates over 224,000 communications sites across 25 countries on six continents. The company's portfolio primarily consists of wireless towers, distributed antenna systems, and data center facilities. AMT's Global Scale (American Tower Investor Relations) The below illustrates the relationship between AMT and its tower tenants. AMT Relationship with Tower Tenants (American Tower Investor Relations) As the largest ind ...
American Tower (AMT) Rises 9.7% in 3 Months: Will the Trend Last?
ZACKS· 2024-07-10 17:36
Shares of American Tower Corporation (AMT) have gained 9.7% in the past three months compared with the industry’s growth of 2.7%.The company is poised well to ride the growth curve with wireless carriers increasing capital expenditure due to rising wireless penetration, accelerated 5G network deployment efforts and spectrum auctions. The long-term leases with its tenants assure stable cash flows. Moreover, its continued efforts toward macro-tower investments are encouraging. A decent financial position also ...
uniQure Announces Positive Interim Data Update Demonstrating Slowing of Disease Progression in Phase I/II Trials of AMT-130 for Huntington's Disease
GlobeNewswire News Room· 2024-07-09 11:05
~ Achieved statistically significant, dose-dependent, and durable evidence of potential therapeutic benefit; Patients receiving high-dose AMT-130 showed 80% slowing of disease progression in the composite Unified Huntington’s Disease Rating Scale (cUHDRS) at 24 months compared to a propensity score-weighted external control ~ ~ Achieved statistically significant lowering of CSF neurofilament light protein (NfL) compared to baseline at 24 months in patients treated with AMT-130; Mean CSF NfL levels for both ...
7 Must-Buy REITs for Stability-Seeking Income Investors
Investor Place· 2024-06-27 14:30
Real estate investment trusts (REITs) are a unique form of stocks with broad appeal for stability-seeking income investors. REITs finance, own, and operate diverse types of income-generating real estate.Those firms invest in everything from apartment buildings, data centers, healthcare facilities, cell towers, hotels, retail centers, warehouses and more. REITs must also pay at least 90% of taxable earnings to shareholders as dividends. That high payout is the primary reason income investors like REITs so mu ...
7 Can't-Miss Infrastructure Stocks No Matter Who Is President
Investor Place· 2024-06-19 10:00
In the current politically divisive environment, it’s difficult to imagine any bipartisanship materializing. However, such consensus isn’t unheard of. After all, the 2018 farm bill saw both Republicans and Democrats agree on cannabis-related legislation. Indeed, the same level of rapprochement could occur for our nation’s much-needed buildout and repair, thus sparking the case for infrastructure stocks to buy.Per a White House statement, “[t]he World Economic Forum now ranks the United States 13th when it c ...
American Tower (AMT) Rises Higher Than Market: Key Facts
ZACKS· 2024-06-18 23:20
American Tower (AMT) closed the latest trading day at $192.78, indicating a +0.26% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 0.25%. On the other hand, the Dow registered a gain of 0.15%, and the technology-centric Nasdaq increased by 0.03%.The the stock of wireless communications infrastructure company has risen by 0.27% in the past month, leading the Finance sector's loss of 2.3% and undershooting the S&P 500's gain of 3.34%.The investment ...
7 REITs to Snap Up if the Fed Cuts Interest Rates
Investor Place· 2024-06-12 19:17
Experts often consider real estate the king of investments for good reason. Fundamentally, the planet isn’t likely to grow new land short of some awful seismic activity occurring. As a result, you can do many things with property that you can’t with other asset classes. However, the sector can be a pain and that’s where REITs to buy comes into play.Here, we’re talking about real estate investment trusts or companies that either own or financially support income-producing real estate. While it may be better ...