CCI - Crown Castle: Mr. Market Is Wrong About This One
2024-07-01 04:32:47 ET
Summary
- Patience is key for investment success, especially with companies like Crown Castle undergoing significant changes.
- Despite recent declines in revenue, profits, and cash flows, Crown Castle remains undervalued compared to similar firms.
- Operational changes and cost-saving measures by management indicate the potential for strong value creation in the future.
If I were tasked to make a list of the top five most valuable or important traits that helped to determine investment success, certainly on that list would be patience. Unfortunately, we live in an era where people expect results immediately. And when they don't get them, they get discouraged and look elsewhere for opportunities. But from my own experience of investing over the last 16 years, patience is very much a virtue that often bears fruit. That is exactly what I think investors in Crown Castle ( CCI ) need at this point in time....
Crown Castle: Mr. Market Is Wrong About This One