American Tower Is A Buffett-Style Wonderful Company At A Fair Price

Feb. 21, 2022 7:00 AM ETAmerican Tower Corporation (AMT)45 Comments


  • American Tower is the most geographically diversified tower REIT with 20% exposure to India and Brazil, two of the fastest-growing wireless data markets in the world.
  • Thanks to 5G, and American Tower is a world leader in providing the infrastructure.
  • American Tower is a classic Buffett-style "wonderful company at a fair price".
  • Looking for a helping hand in the market? Members of iREIT on Alpha get exclusive ideas and guidance to navigate any climate. Learn More »

Telecommunication antenna

Gerardo Huitrón/iStock via Getty Images

This article was co-produced with Dividend Sensei.

The 2022 correction so far has been relatively mild by historical standards.

But, of course, it's always a market of stocks not a stock market.

AMT stock - bear market has created buying opportunity


Bank of

American Tower Global Portfolio

AMT Investor Presentation

S&P 500 2023 Consensus Total Return Potential

FAST Graphs, FactSet Research

AMT 2023 Consensus Total Return Potential

FAST Graphs, FactSet Research

AMT 2027 Consensus Total Return Potential

FAST Graphs, FactSet Research

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This article was written by

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Author of iREIT on Alpha
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Brad Thomas is the CEO of Wide Moat Research ("WMR"), a subscription-based publisher of financial information, serving over 15,000 investors around the world. WMR has a team of experienced multi-disciplined analysts covering all dividend categories, including REITs, MLPs, BDCs, and traditional C-Corps.

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He is the #1 contributing analyst on Seeking Alpha in 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, and 2022 (based on page views) and has over 108,000 followers (on Seeking Alpha). Thomas is also the author of The Intelligent REIT Investor Guide (Wiley) and is writing a new book, REITs For Dummies. 

Thomas received a Bachelor of Science degree in Business/Economics from Presbyterian College and he is married with 5 wonderful kids. He has over 30 years of real estate investing experience and is one of the most prolific writers on Seeking Alpha. To learn more about Brad visit HERE.

Disclosure: I/we have a beneficial long position in the shares of AMT, CCI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: Brad Thomas is a Wall Street writer, which means he's not always right with his predictions or recommendations. Since that also applies to his grammar, please excuse any typos you may find. Also, this article is free: written and distributed only to assist in research while providing a forum for second-level thinking.

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