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home / news releases / CCI - Crown Castle Is A Buy As Activist's Campaign 'Restores' Confidence

CCI - Crown Castle Is A Buy As Activist's Campaign 'Restores' Confidence

Crown Castle International Corp.

2024-02-16 12:54:02 ET

Summary

  • Activist investor Elliott Management's renewed pressure on CCI should help the REIT recover from the past two years of price declines.
  • The current share price is an attractive entry point to start building incremental positions in this REIT so essential to our digital world.
  • Exponential growth in mobile data demand will help CCI's existing cell tower business continue to produce reliable revenues.
  • CCI's current yield is 'on sale,' with good potential for share price appreciation as well.

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For further details see:

Crown Castle Is A Buy As Activist's Campaign 'Restores' Confidence
Stock Information
Company Name: Crown Castle International Corp.
Stock Symbol: CCI
Market: NYSE
Website: crowncastle.com
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