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Enter Symbol:
 
American Tower Corporation (AMT) [hlAlert]

Rating:
Strong Buy
AMT
up 31.37 %

American Tower Corporation (AMT) rated Strong Buy by Raymond James

Posted on: Thursday,  Aug 1, 2013  8:25 AM ET by Raymond James

Raymond James rated Strong Buy American Tower Corporation (NYSE: AMT) on 08/01/2013, when the stock price was $71.45.
Since then, American Tower Corporation has gained 31.38% as of 09/02/2015's recent price of $93.87.
If you would have followed this Raymond James's recommendation on AMT, you would have gained 31.37% of your investment in 762 days.

American Tower Corporation is a wireless and broadcast communications infrastructure company with a portfolio of over 23,700 communications sites, including wireless communications towers, broadcast communications towers and distributed antenna system (DAS) networks. The Company is a holding company, and it conducts its operations through its subsidiaries. The Company operates in two segments: rental and management, and network development services. Its primary business is leasing antenna space on multi-tenant communications sites to wireless service providers, and radio and television broadcast companies. Through its network development services segment, the Company offers tower-related services in the United States, including site acquisition, zoning and permitting services and structural analysis services, which directly support its site leasing business, and the addition of new tenants and equipment on its sites. In May 2009, the Company acquired XCEL Telecom Private Ltd.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/1/2013 8:25 AM Buy
None
71.45
as of 12/13/2013
1 Week down  -1.69 %
1 Month down  -1.80 %
3 Months up  4.13 %
1 YTD up  7.43 %

(*) Stock Price at the time of the recommendation.
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