Should You Retain Crown Castle Stock in Your Portfolio for Now?

Crown Castle’s (CCI) efforts to augment its tower business and fiber and small cells bode well amid the rising wireless connectivity use. A healthy balance sheet position will likely support its growth endeavors. A solid revenue base is likely to support its dividend rate over time.However, customer concentration and consolidation in the wireless industry raise concerns. Substantial debt burden and high interest expenses add to its woes.What’s Aiding Crown Castle Stock?The wireless data consumption is expec ...