Stock Analysis: REITs – American Tower Corporation (AMT)

Boston-based American Tower is the largest global owner and operator of wireless and broadcast communications towers. The American Tower portfolio includes approximately 170,000 sites in the U.S., Latin America, India, Europe, and Africa. The core business for AMT is leasing space on its wireless towers primarily to wireless carriers, government agencies and broadband data providers.

Yahoo Finance Description

Bullish 5-year returns and a Beta of 0.30 make for a sound investment for the long-run. The Dividend Yield is just an added bonus. A 14-day Relative Strength Index of approximately 49 indicates the stock being undervalued. With the lease space to wireless carriers and communications companies the stock is here to stay for the long-run. The monopolized nature of this industry and company checks off the box for my intuition component in the 5-Component Theory.

-Michael Moran

I am going to begin a fixed-purchasing schedule of buying this stock and keep a close eye on the research of the fundamentals along with the analysis of the stock itself. I believe it is an undervalued stock that provides steady income through a dividend yield and is less volatile than the market.

Best Regards,

Michael Moran

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