If you are wondering whether American Tower is priced fairly or if the market is missing something, this article focuses squarely on what you are getting for the current share price.
The stock closed at US$177.51 recently, with returns of 0.1% over the past year and a 13.5% decline over three years, which may leave you questioning whether this is pressure, opportunity, or a bit of both.
Recent headlines around American Tower have focused on its role as a major US real estate player in telecom towers and infrastructure, with ongoing attention on how demand for mobile data and 5G infrastructure could affect long term cash flows. At the same time, broader sentiment around interest rate expectations and income focused real estate has been…
