American Tower Stock Falls 16% in 3 Months: Time to Buy, Sell or Hold?

Shares of American Tower (AMT) have experienced a more than 16% decline in the past three months, closing at $199.59 on Wednesday on the NYSE. In the past three months, the stock has underperformed the Zacks REIT and Equity Trust - Other industry and the S&P 500 composite.This prominent independent owner, operator and developer of multitenant communications real estate has faced a few challenges this year, hindering its growth trajectory. Its sale of the troubled Indian tower operations to Data Infrastructu ...