Added to YB: 2024-12-05
Pitch date: 2024-09-30
AMT [bullish]
American Tower Corporation
-20.65%
current return
Author Info
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Company Info
American Tower Corporation is one of the largest global real estate investment trusts. It is a leading independent owner, operator and developer of multitenant communications real estate.
Market Cap
$81.0B
Pitch Price
$221.97
Price Target
N/A
Dividend
3.91%
EV/EBITDA
15.63
P/E
32.17
EV/Sales
12.32
Sector
Specialized REITs
Category
growth
Show full summary:
Mar Vista Strategic Growth Strategy Portfolio Holding: American Tower Corporation
AMT: Stock up 20% in Q3, +33% since Apr '24 rate peak. Lower rates benefit REIT via cheaper debt & higher cash flow value. Modestly increased growth outlook. Long-term 5G, edge computing, datacenter opportunities not fully priced in. Attractive upside potential remains.
Read full article (1 min)