SBAC Stock Rises 22% in Three Months: Will the Trend Continue?

Shares of SBA Communications (SBAC) have rallied 22% over the past three months, outperforming the industry's upside of 17.8%. This tower REIT is a leading independent owner and operator of wireless communications infrastructure. The company generates revenues from two primary businesses — site leasing (94.8% of the total revenues in the second quarter of 2024) and site development services (5.2%). Image Source: Zacks Investment Research Factors Behind SBAC Stock Price Rise: Will This Trend Last? Analysts s ...