Added to YB: 2024-12-05
Pitch date: 2024-09-30
AMT [bullish]
American Tower Corporation
-19.57%
current return
Author Info
No bio for this author
Company Info
American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 149,000 communications sites and a highly interconnected footprint of U.
Market Cap
$84.4B
Pitch Price
$224.13
Price Target
N/A
Dividend
3.77%
EV/EBITDA
16.37
P/E
28.76
EV/Sales
12.84
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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