AMT - Before You Buy American Tower: Here's a REIT I'd Buy First
2023-04-21 05:39:00 ET
Unless you are hiding under a rock, you know that modern technology is less and less reliant on wires. That is the big-picture story behind American Tower 's (NYSE: AMT) long-term success and long-term outlook. It has been a growth and income winner for investors.
But that doesn't mean you can't find strong investment options in the brick-and-mortar world. And Agree Realty (NYSE: ADC) a good alternative in the far more mundane retail-property sector.
There are very good reasons to like American Tower, given its scale and reach in the cell tower sector. It is also moving into data centers, giving it even broader exposure to the increasing use of mobile technology.
For further details see:
Before You Buy American Tower: Here's a REIT I'd Buy First