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Crown Castle Stock Up 14.6% in Three Months: Will It Rise Further?
CCKCrown Holdings(CCK) ZACKS·2024-10-09 15:06

Shares of Crown Castle Inc. (CCI) have rallied 14.6% over the past three months, outperforming the industry's upside of 12.6%. Crown Castle is well-poised to gain from the rising wireless data consumption that is expected to increase significantly over the next few years with the deployment of 5G networks. The company's long-term leases, with its solid and creditworthy tenant base, assure steady revenues. A healthy balance sheet position will likely support its growth endeavors. Analysts seem bullish on thi ...