Added to YB: 2024-12-05
Pitch date: 2024-09-30
AMT [bullish]
American Tower Corporation
-19.25%
current return
Author Info
No bio for this author
Company Info
American Tower Corporation one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 148,000 communications sites and a highly interconnected footprint of U.
Market Cap
$80.3B
Pitch Price
$217.61
Price Target
N/A
Dividend
4.15%
EV/EBITDA
15.18
P/E
23.71
EV/Sales
11.89
Sector
Specialized REITs
Category
growth
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.
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