Crown Castle (CCI) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in hand ...

Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights. Analysts predict that the 'Revenues- Site rental' ...

One key principle of long-term investing is letting your winners run. Charlies Munger reiterated this idea in his famous maxim; "The first rule of compounding: Never interrupt it unnecessarily." This approach works with long-term stocks, especially those with durable competitive advantages. Secondly, they have significant competitive advantages that will support sustainable EPS growth. With leading positions in their industries and minimal risk of disruption, these companies can continue growing earnings un ...

In a market where growth stocks continue to steal the spotlight and propel indices to new highs, it's easy to overlook industries that are perceived as sluggish. One such industry is telecom, with its constituents often finding themselves disregarded. Yet, this neglect has left numerous telecom stocks significantly undervalued. Thus, many names in the space now offer investors compelling opportunities. Given that telecom stocks are known for their stable, recession-resistant cash flows, they tend to make gr ...

After a period of aggressive interest rate hikes aimed at taming inflation, the Federal Reserve is poised to shift gears in the coming months. With inflation moderating and approaching the Fed's 2% target, economists and investors anticipate rate cuts as early as September 2024. Lower interest rates typically benefit certain sectors through lower borrowing costs and by spurring higher demand. However, there is also another way lower rate cuts can help companies this year. COVID forced many companies to take ...

alfexe/iStock via Getty Images Pick #1: CCI - Yield 6.5% CCI maintains a five-year dividend CAGR of 7.6%, and its most recent payment hike was by 6.5% in October 2022. The telecom infrastructure REIT maintains a strong balance sheet with investment-grade ratings from leading credit agencies. During Q1, CCI increased the percentage of its fixed-rate debt from 68% to 90% and extended its weighted average maturity term from five to seven years. The REIT also decreased the percentage of secured debt from 47% to ...

In the current interest rate environment, where yields on fixed-income investments hover around 5% or higher, income-seeking investors have many alternatives. They either go for fixed, government-backed securities and generate a safe return or potentially go for stocks. The issue with the latter is that with the "risk-free" rate at such high rates, a stock offers a much higher yield to justify taking on the extra risks attached. A few years ago, when interest rates were just above 0%, it was quite common to ...

CCI identified opportunities for significant future enterprise fiber and small cell demand during their operational review. These opportunities arise from locations that are either situated on or near the company's existing high-quality fiber footprint. The expected annualized run-rate cost savings resulting from the staffing reductions, along with other operational savings, will mainly impact the Fiber segment and corporate departments. These measures are projected to lead to around $100 million in cost sa ...

Focus on Higher Return Projects Results in Approximately $300 Million Capital Expenditure Reduction and $60 Million Expense Savings Fiber Strategic Review Active and Ongoing HOUSTON, June 11, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") today announced plans to enhance operational performance and updated its full year 2024 outlook. "As we have continued to progress the strategic and operating review of Crown Castle's fiber business, we are implementing changes designed to drive op ...

Remember, not all dividend stocks are created equal. Therefore, it's crucial to find companies that boast a long history of reliable and growing payouts. Here're today's three dividend stocks if you're looking for passive income shares with long-term capital appreciation potential this June. Source: Casimiro PT / Shutterstock.com Investors have been pleased with the MLP's solid profitability metrics, including a net profit margin of over 10%. Reflecting its strong financial health, management declared a 5.1 ...