American TowerNYSE: AMT

In the current politically divisive environment, it's difficult to imagine any bipartisanship materializing. However, such consensus isn't unheard of.

In the closing of the recent trading day, American Tower (AMT) stood at $192.78, denoting a +0.26% change from the preceding trading day.

Experts often consider real estate the king of investments for good reason. Fundamentally, the planet isn't likely to grow new land short of some awful seismic activity occurring.

American Tower (AMT) closed at $194.72 in the latest trading session, marking a +0.24% move from the prior day.

American Tower remains a Buy, with FQ1'24 bringing forth excellent top/ bottom-line expansion across its telecom/ data center businesses along with a healthier balance sheet. It is apparent that the flattish FY2024 dividends have been prudent after all, as its AFFO payout ratio moderates below sector medians, and the management further invests in data centers. American Tower has also raised its projections for FY2024, with the accelerated top/ bottom line growth coming relatively cheap compared to its peers.

American Tower (AMT) concluded the recent trading session at $200.41, signifying a +1.75% move from its prior day's close.

~ Designation based on 24-month interim Phase I/II clinical data for AMT-130 announced in December 2023 ~ ~ AMT-130 is the first therapeutic candidate to receive RMAT Designation for Huntington's disease ~ ~ Receiving RMAT designation enables increased collaboration with the FDA on regulatory approval planning, in addition to the opportunity for expedited product development ~ LEXINGTON, Mass. and AMSTERDAM, June 03, 2024 (GLOBE NEWSWIRE) -- uniQure N.V.

DENVER--(BUSINESS WIRE)--CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation (NYSE: AMT) (“American Tower”), today announced the company now offers native access to AWS Direct Connect, a networking service that provides an alternative to using the internet to connect to Amazon Web Services (AWS), in its Chicago data center campus. This enables customers to establish private, low-latency connectivity between its infrastructure and AWS supporting Dedicate.

The robust demand for wireless communication assets amid rising data usage, expansion efforts and a solid balance sheet imply an optimistic near-term scenario for American Tower (AMT).