American Tower Corporation: Growing And Well Priced

Deep Value Explorer
902 Followers

Summary

  • AMT is a major cell tower REIT with global exposure and a significant allocation to data centers.
  • Data usage is expected to grow by 23% per year for at least the next five years giving AMT a long growth runway.
  • At the same time, the company trades at a reasonable valuation presenting a buying opportunity.

Cell phone or mobile service towers

energyy

I’m quite bullish on technology and find the combination of technology and real estate offered by cell tower REITs very appealing. So an article on a cell tower REIT is long overdue. Today I want to cover a leader in

This article was written by

902 Followers
Hey everyone and welcome to the Deep Value Explorer page! I am a business student with a passion for REIT. I've been interested in the topic for about 2 years and I would like to share my insights and findings with you here. With that, follow to find undervalued gems!Disclaimer - I am associated with another SA contributor David Ksir. I am not a financial advisor and the information on my page is solely for illustrative purposes. Always do your own research before investing.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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