Analysis of American Tower $AMT - Stock Investment Research

As voted by the Ostrich community! This video looks at American Tower, a US REIT that does not own traditional bricks and mortar but rather wireless communication towers that it leases out to customers including wireless carriers. Increased penetration of mobile devices combined with ~30% CAGR in data consumption per device (think video streaming) provides a favorable backdrop for $AMT. That said, the stock is not cheap, trading at 26x 2019 AFFO, based on company guidance. The stock also offers investors a 1.8% dividend yield. This video looks at key considerations for an investment in American Tower.

#REITs $AMT #dividends #investing
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[travulz]

Didn’t understand a word but great video I now own shares of AMT

[FKAS]

Thank you for taking the time to share your thoughts. Much appreciated!

[johngraft]

American Tower is an excellent position for the next 10 years as telecoms build out their network for 5G coverage. It is a “bottleneck business” in the growth of mobile data consumption, which is expected to skyrocket in the next half decade. Long $AMT

[at]

Great review. Own CCI, wish I had bought AMT years ago. Still looks like a good opportunity.

[extramild]

Hey Ostrich, can you explain to me why AMT shares have done so badly over the last 12 months - relative to everything else?

[reshmakiran]

i read that AMT owns 70% of their towers in one of their Investor presentations though

[smmizanurrahman]

is Elon Musk's starlink a threat to this? Its part of spaceX