NYSE:AMT

American Tower (AMT)

169.91
+0.99 (0.58%)
as of Jul 17, 2026, 6:23:56 pm Market Open.
198 watching
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Investor Insights
star iconJul 17, 2026, 12:00 am

This summary was created by AI, based on 3 opinions in the last 12 months.

American Tower Corporation (AMT) is recognized as a leading player in the global communication tower industry. It is often seen as a value stock, bolstered by a solid dividend yield of 4.4%, which provides a level of stability alongside potential for growth. However, recent observations indicate that demand for towers may be slowing, suggesting that AMT is becoming less attractive to investors compared to previous periods. Despite its robust business model and competitive advantages that create a wide moat, AMT's sensitivity to interest rates remains a critical factor; a decline in rates could lead to a significant uptick in share prices. Investors should weigh these aspects carefully, considering both the growth potential and the external economic factors at play.

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Consensus
Mixed
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Valuation
Fair Value
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Similar
CrownCastle, CCI
HOLD
Is sticking with it. Though infrastructure building in digital has slowed in recent quarters, industrials is a sector that will continue to do well.
BUY
If you like 5G and increase in data consumption, you're better to buy the tower operators like AMT, CCI, and SBAC. All 3 are down on the year, but growth profile is robust.
PAST TOP PICK
(A Top Pick May 04/20, Up 6%) It owns cell phone towers in North America and elsewhere and you have to have towers for cell phones to operate. There is an overhang since It has made a big acquisition and there is uncertainty over how it will be financed along with rising inflation costs. Considered a bond proxy. Likes it long term and sees 7 to 8% revenue growth and dividend increases.
BUY
Core holding. Likes the business very much. Demand for mobile data is increasing across the globe. 10-year bond ticking up has put pressure on it. Continues to make acquisitions, increases rent every year, increases dividend. Very stable for the long term.
BUY
A good winner, continues to like it. Business model is about renting space on towers. Needed with continued rollout of internet technology.
BUY ON WEAKNESS
If we get a move up in rates we could just see some pressure and it may not perform as it has historically. They are well run and benefit from owning cell phone infrastructure.
BUY
They own wireless towers and carriers need more bandwidth as 5G becomes the new normal. Boasts a huge network in the US and abroad. He's liked this since shares were in the $30's. Up 30% YTD. Has a great, long track record. The only problem is that the dividend has shrunk to 1.78%, given its long, strong rally.
COMMENT
Has great price momentum, but expensive in PE and EBITA. Pays only 1.7% dividend yield. Balance sheet is good, and their business is stable. He's neutral.
BUY
Telecoms had a strong August, like American Tower, which saw another new all-time today. Their valuation is high at 30x 2022, but they enjoy international growth.
BUY
He is fine with it. The valuation is high compared to a comparable Canadian one, however.
BUY
Who will benefit from the $1 trillion infrastructure bill? There's a decade, not a month, of spending here, so there will be long-term gains for certain stocks. Technical analyst Bob Lang suggests: There will be broadband upgrades, which means AMT will cash in for the coming decade. Since bottoming March, AMT has been consistently strong, and rebounds strongly. Lang notes that volumes have been positive and the stock is not overbought. AMT is $6 away from a new high. Lang targets $330.
COMMENT
Does not follow it closely. Could not comment on this name.
BUY ON WEAKNESS
Be cautious putting money into utilities right now, unless you need the income. With the call on cyclicals, you might get some better opportunities to add to those names. As rates move higher, typically those stocks sell off. In the US dividend space, he owns AMT, with its infrastructure/utility type play, predictable cashflow, dividend growth, acquisition opportunities.
BUY
Trading at 27x earnings. Predictable revenue stream. Into next year, we'll see a bigger deployment of 5G, which will increase revenue, drive cashflow numbers, and bring down debt. More dividend increases and share buybacks. Increasing growth over several quarters, if not years. A stable partner for 5G partnerships.
COMMENT

Will do a public offering of $9 million He prefers Crown Castle, which he owns.

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