Professional
Added to YB: 2025-01-24
Pitch date: 2025-01-21
AMT [bullish]
American Tower Corporation
+1.49%
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
$90.4B
Pitch Price
$182.07
Price Target
N/A
Dividend
3.52%
EV/EBITDA
17.10
P/E
30.80
EV/Sales
13.42
Sector
Specialized REITs
Category
growth
Davis Real Estate Fund Portfolio Holding: American Tower Corporation
AMT: Tower REIT poised for growth from AI-driven data surge, tech advancements, and population growth. Near historic low valuation despite strong fundamentals. Growing dividend compensates for interest rate volatility. CoreSite data center subsidiary adds value. Long-term bullish despite choppy rates in early 2025.
Read full article (1 min)