Recent news regarding American Tower Corporation (NYSE:AMT) has covered many aspects of the company. Analyst estimates suggest a promising picture for Q3 Earnings, focusing on more than just revenue and EPS. A minimal dividend growth is expected through 2025, calling for investors to wait for a pullback. American Tower, deemed an essential stock due to the growing mobile data market, is benefiting from global 5G rollout along with other REITs. Significant shares were purchased by Bogart Wealth LLC and Cyndeo Wealth Partners LLC. On the downside, multiyear underperformance is predicted to continue, and there have been instances of the stock dipping despite market gains. Yet analysts are bullish, emphasizing the company's role as a leading player in the 5G Space. The company successfully concluded the sale of its operations in India to Brookfield. Many suggest keeping American Tower in portfolios. Despite fluctuations, trends suggest growth within the past months. Reports of Q2 earnings indicate revenue and Tenant Billings growth. Interestingly, the company's focus includes India, US, and Canada sectors.
American Tower Corporation AMT News Analytics from Thu, 04 Jan 2024 08:00:00 GMT to Sat, 26 Oct 2024 06:12:28 GMT -
Rating 4
- Innovation 0
- Information 6
- Rumor -3
