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0 0 0.00679220535881576 -0.00131159827618513 0.00552744987820863 0.00149896945849725 -0.00121791268502913 0.00103054150271688
Stock impact report

American Tower: Not So Long A Way Down [Seeking Alpha]

American Tower Corporation (REIT) (AMT) 
Last american tower corporation (reit) earnings: 4/29 07:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Investing Group Leader Follow Play 7min Summary American Tower Corporation reported Q3-2024 and announced the sale of its India business. The stock is still hanging on to hopes of a return to the glory days. The reality is that the larger company is struggling to get anywhere near the traction it got in its heyday. Looking for a helping hand in the market? Members of Conservative Income Portfolio get exclusive ideas and guidance to navigate any climate. Learn More » Uwe Moser/iStock via Getty Images It was a case for believing in facts over fiction. A case for giving credence to actual financials versus the hope that the past will magically return. We saw American Tower ( NYSE: AMT ) for what it was. A company with a great past and a valuation stuck in that past. We did not have big hopes for funds from operations (FFO) growth, and felt bulls would pay dearly in the worst-case scenario. On the other hand, if we do hit a recession, and we see FFO stuck near the $ Show less Read more
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