Here's Why American Tower (AMT) Is an Apt Portfolio Pick

American Tower (AMT) owns an extensive and geographically diversified communication real estate portfolio. The high capital spending by wireless carriers amid growing wireless penetration, accelerated 5G network deployment efforts and spectrum auctions is likely to keep demand up, poising it well to ride the growth curve. Also, its expansion efforts and solid balance sheet strength bode well.This April, this Boston, MA-based communications tower REIT reported first-quarter 2024 adjusted funds from operation ...