American Tower

  • REIT Investment Opportunities Continue to Become More Diverse

    By Brian Shaw - July 3, 2013 | Tickers: AMT 131116P00072500, DLR, PCL, VNQ, WY

    Traditionally, companies that own office buildings, shopping malls, and apartment complexes have been the most likely to be structured as real estate investment trusts (or “REITs”). However, there has been a trend in recent years for a much broader range of companies to make the conversion to a REIT structure. This conversion process has been so widespread that the IRS has begun to ramp up scrutiny of the application of more »

  • 3 Stocks Billionaire Ken Griffin Is Bullish On

    By Madhukar Dubey - June 26, 2013 | Tickers: AMT 131116P00072500, IVZ, DIS

    Citadel Investment Group is a hedge fund managed by billionaire Ken Griffin. This hedge fund deploys capital in multiple investments, from equity, to commodities, to real estate. The company filed its 13F with the SEC in March 2013, naming 7,146 companies in its portfolio, listed in various exchanges. The total market cap of its investments stood at $66.27 billion as of March 31, 2013.

    Citadel’s top 10 more »

  • Favorable Demand and Supply Dynamics Make This Stock Attractive

    By Mark Lin - June 24, 2013 | Tickers: AMT 131116P00072500, CXW, GEO

    Corrections Corporation of America (NYSE: CXW), one of the biggest domestic owners of partnership correction and detention facilities and prison operators, was converted to a REIT in January 2013.

    Favorable demand-supply dynamics

    Many of the federal and state prisons are overcrowded. According to 2011 data released by the Bureau of Justice , close to half of state prisons were operating above full capacity, while federal prisons ran at 138% of capacity more »

  • Conversion to REIT Status Could Mean Big Gains for This Little Known Stock

    By Brendan O'Boyle - June 19, 2013 | Tickers: AMT 131116P00072500, CXW, IRM, GEO

    Real estate investment trusts (REITs) have delivered strong gains recently as investors have been attracted to income producing assets while interest rates remain pegged near zero. Furthermore, many companies have joined the rush by applying for REIT status, although the IRS has become more scrupulous of this practice. Here, we’ll review four companies that have successfully or unsuccessfully made the switch and highlight the one which appears to be more »

  • This Stock Should Trade at a Premium to its Peers

    By Mark Lin - June 12, 2013 | Tickers: AMT 131116P00072500, CCI, SBAC

    Strong barriers to entry and long term recurring revenue streams are characteristics of quality stocks that investors want to own. American Tower (NYSE: AMT), an owner and operator of wireless and broadcast communications sites both in the U.S. and globally, belongs to this category of quality stocks. It is also the least leveraged and most geographically diversified among its peers. Despite this, American Tower is valued at similar EV more »

  • A Nontraditional REIT Capitalizing on One of the Fastest Growing Industries in the World

    By Ryan Guenette - June 12, 2013 | Tickers: AMT 131116P00072500, EXR, HCP, HCN, PSA

    The owner and operator of the largest independent portfolio of wireless communications and broadcast towers in North America, American Tower Corporation(NYSE: AMT), is only up 0.74% year to date, a far cry from the 15.35% return offered by the Dow Jones Industrial Average.  

    As of September 2012, the company operated a tower portfolio of roughly 50,699 sites in the United States, Mexico, Brazil, Chile, Columbia, India more »

  • Alternative REIT Strategies

    By Nathaniel Matherson - June 9, 2013 | Tickers: AMT 131116P00072500, NLY, CXW

    For some time, the mortgage real estate investment trust industry has been an attractive safe haven for the yield driven investor. mREITs are companies which specialize in using leverage to buy and/or trade mortgage backed securities. Typically, these companies have offered great dividend yields even during times of extremely low interest rates.

    In addition, as a result of loose monetary policy, the net asset value of many of these more »

  • Billionaire Ken Griffin's Favorite 5 Stocks

    By Marshall Hargrave - May 31, 2013 | Tickers: AMT 131116P00072500, EOG, IVZ, ALL, DIS

    Billionaire Ken Griffin started trading stock options back in 1986 from his Harvard dorm room. During his sophomore year, he launched a convertible-bond arbitrage fund and soon started Citadel Investment Group, which is now one of the largest funds in the world. Citadel's strategy lies in bottom-up company analysis. Outlined below are Griffin and his hedge fund's top five stocks going into the second quarter; let's check more »
  • Tower Wars: A Battle for Global Dominance

    By Dave Zaegel - May 20, 2013 | Tickers: AMT 131116P00072500, CCI, SBAC

    With cell phones rapidly proliferating throughout the world and the technology used by those phones advancing at the rate of Moore's Law, the tower industry stands to benefit greatly.  In fact, it already has, and it's not done yet.

    The three main publicly traded tower companies are American Tower (NYSE: AMT), SBA Communications (NASDAQ: SBAC), and Crown Castle (NYSE: CCI).  All three stocks have significantly outperformed the S more »

  • Smart Investment Opportunities Within the Smartphone Industry

    By Greg Williamson - May 9, 2013 | Tickers: AMT 131116P00072500, MSFT, NOK

    I am sure that most of you have heard the popular saying "this is the best thing since sliced bread", which is used often in sales when describing an innovative product. Well, in my opinion, smartphones are better than sliced bread!

    A decade ago, it was inconceivable that a phone could be utilized for functions such as internet browsing, e-mail, verbal capabilities (Siri), and photos. As impressive as these functions more »

  • No Sign of Negative Returns in this Real Estate ETF

    By Jeff Stouffer - May 8, 2013 | Tickers: AMT 131116P00072500, HCP, IYR, PSA, SPG

    It is not too often when a real estate investment strategy under review has posted positive returns, for all measuring periods, since inception. This once-in-a-blue-moon program is the iShares Dow Jones US Real Estate Index Fund (NYSEMKT: IYR), a well-diversified ETF that was created on June 12, 2000, that holds 95 different REITs and pays a nice dividend. One attractive feature of the ETF is that only approximately 8.4 more »

  • Right Time for Specialty REITs?

    By Howard Rothman - May 6, 2013 | Tickers: AMT 131116P00072500, CXW, EPR, PENN, PSA

    Today’s Real Estate Investment Trusts are not your father’s REITs. Designed for businesses that run income-producing properties like office buildings, shopping centers and apartment complexes, a growing array of newcomers includes owners of everything from private prisons and cellphone towers to casinos and self-storage facilities.

    Because the REIT designation dramatically reduces corporate taxes, conversion by non-traditional businesses like these has become a hot trend on Wall Street. Analysts more »

  • Telecoms Have Little to Fear from a National 'Super WiFi' System

    By Mark Hibben - March 12, 2013 | Tickers: AMT 131116P00072500, T, CCI, VZ

    Fellow Foolish Blogger Nate Wooley recently published an article (World Wide Wireless and Worried Telecoms) drawing the seemingly logical conclusion that big telecom companies such as AT&T (NYSE: T) and Verizon (NYSE: VZ) have something to fear from an FCC proposed “Super WiFi” system that he inferred would make broadband Internet access ubiquitous and free. In fact, the major wireless carriers are the most likely operators and beneficiaries of more »

  • American Tower is a Long-Term Buy

    By Anh HOANG - March 11, 2013 | Tickers: AMT 131116P00072500, CCI, SBAC

    According to Charlie Munger, in order to be successful in investing, investors just need to find a few great companies and hold on to them. Indeed, there were several stocks that kept appreciating for the last 10 years. One of them is American Tower (NYSE: AMT), a wireless and broadcast communications infrastructure company. Since 2003, American Tower has risen by more than 1,400%, from around $5 per share in more »

  • Akre Capital Management’s Stock Picks for 2013

    By Meena Krishnamsetty - February 14, 2013 | Tickers: AMT 131116P00072500, MKL, MA, MCO, ROST

    Charles Akre’s Akre Capital Management has filed its 13F for the fourth quarter of 2012, disclosing many of its long equity positions as of the end of December. We have been tracking 13F filings from hedge funds and other notable investors to build our database of filings, which can then be used to help find investments that are likely to beat the market based on historical trends. For example more »

  • 10 Stocks for 2013: #7 - Kinder Morgan Energy

    By Dave Zaegel - January 29, 2013 | Tickers: AMT 131116P00072500, INTC, KMP, PG

    At Fastball Financial, we've compiled a portfolio of 10 Stocks for 2013 to provide a portfolio of great stocks for:

    1. Diversification across industries and market caps
    2. Growth in some of the hottest themes and industries
    3. Sufficient stability and dividends to offset potential market losses

    Thus far, we've named Intuitive Surgical, Apple, F5 Networks, Starbucks, Chipotle, and Lululemon to this portfolio.  Let's take a break from the consumer more »

  • Invest in America's Infrastructure and Future Growth

    By Joshua Bondy - January 28, 2013 | Tickers: AMT 131116P00072500, STRL, TRP, WEC

    Recently the American Society of Civil Engineers released a report highlighting the funding gap in America's infrastructure. Surface transportation, wastewater and water services, and inland waterways and marine ports have funding gaps from 49% to 67% relative to their 2020 needs. Electricity and airport infrastructure are better situated, but they still face funding gaps from 15% to 28%. Fixing America's infrastructure budget should be a national priority otherwise more »

  • Charles Akre’s Top Stock Picks

    By Meena Krishnamsetty - January 2, 2013 | Tickers: AMT 131116P00072500, MKL, MA, MCO, ROST

    Chuck Akre has been managing money through one vehicle or another since 1989. For some time Akre operated the FBR Focus fund before relaunching as the Akre Focus fund in 2009. Oddly, the fund is based not in New York or Greenwich or Chicago but in Middleburg, Virginia- a town with a population of 632 in the 2000 Census.

    Akre’s investment philosophy centers on finding companies with high returns more »

  • Don't Bet On a Casino REIT

    By Reuben Brewer - December 6, 2012 | Tickers: AMT 131116P00072500, IRM, LAMR, MAR, PENN, PCL, RYN, RHP, WY

    Penn National Gaming (NASDAQ: PENN) shares shot up after it announced plans to split itself into a gaming company and a real estate investment trust (REIT). This follows on the heels of a number of other companies announcing or making similar shifts. While it makes sense for some companies, it is probably best for investors to avoid Penn National's “casino REIT” when, and if, it comes along.

  • Four Picks from Cramer's Nov. 26 Lightning Round

    By Dr. Osman Gulseven - November 29, 2012 | Tickers: AMT 131116P00072500, NVDA, PSX, S

    First aired in 2005, CNBC's “Mad Money” is one of the most popular finance shows on air. Jim Cramer, the host and best-selling author, presents investing opportunities in a unique style. He has one goal: to help stock traders make some “mad money.” During the Lightning Round, he accepts callers' challenges and comments on several stocks. He only needs a few seconds to make a call. However, it is more »

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