Group 1: Long-term Investment Principles - The principle of letting winners run is emphasized, with a focus on compounding and long-term stocks that have durable competitive advantages [1][2] Group 2: VeriSign (VRSN) - VeriSign plays a critical role in internet infrastructure, providing .com and .net domains under exclusive agreements with ICANN, ensuring its monopoly position [4] - The company has maintained high profitability with a 5-year average net margin of 54% and a 39% return on equity, reinforcing the strong economics of its domain registry business [5] - VRSN stock is currently trading at 22 times forward earnings, the cheapest in five years, indicating a strong investment opportunity [16] Group 3: Crown Castle (CCI) - Crown Castle operates in the cell tower sector and is considered undervalued with a forward price-to-funds-from-operations (P/FFO) of 14 and a dividend yield of 6.1% [7] - The cell tower business contributes 68% of revenues, providing stable income, and the growth in mobile data is expected to drive demand for cell towers [8] - The company has significant operating leverage due to long-term contracts with annual rent escalators of 3% [17] - Activist pressure from Elliott Management is expected to unlock shareholder value through strategic improvements [18] Group 4: Zoetis (ZTS) - Zoetis is a leader in the global animal health market, with approximately 20% of revenues from patented products, allowing it to charge premium prices [10] - The company has achieved an 8% annual revenue growth over the past 11 years, supported by the ongoing trend of pet humanization [11] - In Q4 2023, Zoetis reported an 8% year-over-year revenue growth, which accelerated to 10% in Q1 2024, driven by new product launches [20] - The company has maintained a 3-year diluted EPS CAGR of 11.8% and operating margins above 35% [22]

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 ...

Crown Castle Inc. (NYSE:CCI) Nareit REIT Week: 2024 Investor Conference June 4, 2024 1:30 PM ET Company Participants Daniel Schlanger - Chief Financial Officer Conference Call Participants Simon Flannery - Morgan Stanley Simon Flannery All right. Good afternoon, everybody. I'm Simon Flannery, Telco Services and Comm Infrastructure Analyst at Morgan Stanley. And it's my great pleasure to welcome Dan Schlanger, CFO at Crown Castle. Welcome, Dan. Daniel Schlanger Thanks. Thanks for doing this. Question-and-Ans ...

Crown Castle Inc. (NYSE:CCI) Nareit REIT Week: 2024 Investor Conference June 4, 2024 1:30 PM ET Company Participants Daniel Schlanger - Chief Financial Officer Conference Call Participants Simon Flannery - Morgan Stanley Simon Flannery All right. Good afternoon, everybody. I'm Simon Flannery, Telco Services and Comm Infrastructure Analyst at Morgan Stanley. And it's my great pleasure to welcome Dan Schlanger, CFO at Crown Castle. Welcome, Dan. Daniel Schlanger Thanks. Thanks for doing this. Question-and-Ans ...