Today, Crown Castle International Corp. (CCI) had its price target at Oppenheimer raised to $62 from $52. We'll take a look at Crown to see if it deserves the increase in price target and we'll look at its competitors to see if there are any investment opportunities.

**Crown Castle International Corp.**

The sales and earnings the past five years increased at 20.86% and 0% respectively. Earnings this year increased 144.8% and are forecasted to increase 44.4% next year. Earnings the next five years are projected to grow at an annual pace of 18.6.

Gross, operating and profit margins are 71.1, 34.1 and 8.4 respectively. Return-on-equity is 6.1% and institutions own 97.3% of shares.

Debt to equity is 256% while current assets are 49% higher than current liabilities. The P/E ratio is 102 and forward P/E is 45.3.

The common shares are trading at roughly the rising 50-day simple moving average.

**American Tower Corp. (AMT)**

Sales over the past five years increased 13.2% while cost cutting boosted earnings 72.5%. This year earnings increased 7.4% and are forecast to increase 18.5% next year. Earnings per share the next five years are forecasted to grow 19.9%.

Gross, operating and profit margins are 74.6, 37.7 and 15.6 respectively. Return-on-equity is 11.7%. Institutions own 78.8% of shares.

Debt is 220% of equity and current assets are just greater than current liabilities. P/E is 62.9 and the forward P/E is 31.3.

Shares are trading at the flat 50-day simple moving average, a sign of distribution. Common shares are also trading above the rising 45 degree trend line.

**SBA Communications Corp. (SBAC)**

Sales over the past five years grew at an annual pace of 14.7% while earnings didn't grow. Earnings this year grew at 32.7% and are forecast to grow at 63.3% next year. Earnings the next five years could grow at 10% annually.

The gross margin is 70.9% while the profit margin is -18.2%. Return-on-equity is negative 82.7%.

The current ratio is 1.02 and price to sales is 8.45.

Shares are trading above the rising 50-day simple moving average in the markup phase. The distribution phase is next.

**Telephone & Data Systems Inc. (TDS)**

The past five years, sales grew 3.5% as earnings declined 26.3% annually. Earnings this year grew 40.2% and are forecast to decline 6.5% next year. Earnings the next five years are projected to grow 14.5%.

Gross, operating and profit margins are 60.6, 7, and 4.8 respectively. The enterprise spends most of its money on operating expenses. Return-on-equity is a paltry 5.2%. Institutions own 90.8% of shares.

Debt is 39% of equity and the company has almost twice as many short-term assets as short-term liabilities. Price is 12.5 time earnings and 15.8 times forward earnings.

Shares are trading below the declining 50-day simple moving average.

**Choose D - None Of The Above**

None of these companies are worth owning. Either debt is too high, earnings aren't growing, valuation are laughably high or some combination of the aforementioned.

**Disclosure: **I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.