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home / news releases / CCI - American Tower: An Undervalued Income Play

CCI - American Tower: An Undervalued Income Play

Crown Castle International Corp.

2024-02-08 09:48:46 ET

Summary

  • American Tower offers a discounted valuation compared to its historical average and has a sustainable dividend.
  • The company has positive growth prospects in the telecommunications infrastructure sector, particularly in international markets.
  • American Tower's financial performance has improved, with strong revenue growth and increased profitability, despite a decline in net income due to a goodwill impairment charge.

American Tower ( AMT ) currently offers a discounted valuation compared to its history and has a sustainable dividend, making it an interesting play within the REIT sector....

For further details see:

American Tower: An Undervalued Income Play
Stock Information
Company Name: Crown Castle International Corp.
Stock Symbol: CCI
Market: NYSE
Website: crowncastle.com
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