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American Tower (AMT-N)
175 watching
NYSE:AMT
222.06
5.33
(2.34%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
Feb 3, 2023, 9:00 pm
0
PAST TOP PICK
(A Top Pick Jul 15/22, Down 12%) They have quality assets you can't replicate. Have inflation protection through price increases. Also, more and more data will need their towers. A great long-term hold.
Telecommunications
$221.450
Owned
BUY
Rising rates hit them and they were exposed to a rising USD. Now, rates are peaking and the USD is retreating. Had a tough 2022, but 2023 will be good.
Telecommunications
DON'T BUY
The tower stocks don't pay enough of a dividend yield. Hold onto your cash.
Telecommunications
WEAK BUY
Allan Tong’s Discover Picks AMT stock’s chart has been rangebound this year between $240-280, though the July bear-market rally restored a lot of ground before surrendering to August volatility. That said, AMT stock’s beta is a calm 0.46. The PE has slid from 53.51x at the end of September 2021 to its current 41.33x. Meanwhile, the forward PE has actually risen from 46.73x to 49.26x in that time frame, demonstrating the market’s optimism for AMT’s prospects, even though the share price does not. Read 3 Promising REIT Stocks for our full analysis.
Telecommunications
TOP PICK
A specialty real estate play, leasing running cell phone towers, which offers secular growth and 5G unfolds. They are expanding into emerging markets, too. They are building out capacity quickly. They have many long-term service contracts with an inflation clause. They recently got into data centres (high-growth) with a $10 billion acquisition last year. Pays over a 2% yield. It's a growth and income story, and has created a lot of shareholder return. (Analysts’ price target is $294.47)
Telecommunications
TOP PICK
Long-life, predictable assets. Some contracts are fixed, but some change with inflation. Nice stream of rising revenues, high margin business. Data usage is increasing, 5G is a benefit. Has raised dividend every quarter for many years. Yield is 2.24%. (Analysts’ price target is $287.89)
Telecommunications
TOP PICK
Company owns and operates wireless broadcast towers.
Not a cheap stock(high trading multiple).
Expecting wireless usage to trend upwards. People also expected to use more data.
Believes company has inflation protection in pricing.
Company will continue to grow and is a good long term hold.
Telecommunications
BUY
Allan Tong’s Discover Picks AMT stocks are a play on the in-progress 5G network, renting space on their towers to American telcos. Even post-Covid, data usage will remain high and shows no signs of slowing. Between now and 2027, data usage worldwide is predicted to climb 24% annually. With AMT stocks, expect 7% growth and quarterly dividend increases that stretches back to 2021. It currently pays out 2.24% and trades at 44.64x. AMT has nadily beat three of its last four quarters, missing one quarter. Read Oligopolies, duopolies, 3 telcos stocks examined for our full analysis.
Telecommunications
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.
Telecommunications
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.
Telecommunications
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.
Telecommunications
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.
Telecommunications
BUY
A good winner, continues to like it. Business model is about renting space on towers. Needed with continued rollout of internet technology.
Telecommunications
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.
Telecommunications
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.
Telecommunications
American Tower(AMT-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 6
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 8
American Tower(AMT-N) Frequently Asked Questions
What is American Tower stock symbol?
American Tower is a American stock, trading under the symbol AMT-N on the New York Stock Exchange (AMT). It is usually referred to as NYSE:AMT or AMT-N
Is American Tower a buy or a sell?
In the last year, 8 stock analysts published opinions about AMT-N. 6 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for American Tower.
Is American Tower a good investment or a top pick?
American Tower was recommended as a Top Pick by on . Read the latest stock experts ratings for American Tower.
Why is American Tower stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is American Tower worth watching?
8 stock analysts on Stockchase covered American Tower In the last year. It is a trending stock that is worth watching.
What is American Tower stock price?
On 2023-02-03, American Tower (AMT-N) stock closed at a price of $222.06.
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