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

Rating:
Buy AMT
up 239.12 %

American Tower (AMT)

Posted on: Tuesday,  Dec 23, 2008  12:50 AM ET by Kiplinger 2009: 8 Stocks to Ring In the New Year

Kiplinger 2009: 8 Stocks to Ring In the New Year rated Buy American Tower Corporation (NYSE: AMT) on 12/20/2008, when the stock price
was $27.68. Since then, American Tower Corporation has gained 239.13% as of 09/02/2015's recent price of $93.87.
If you would have followed this Kiplinger 2009: 8 Stocks to Ring In the New Year's recommendation on AMT, you would have gained 239.12% of your investment in 2447 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.

Stocks are cheap. But with the economy in recession, we concentrate on household names that will hold up no matter how bad things get. You can see how Kiplinger recommendations performed in 2008: http://www.gainerstoday.com/investor/kiplinger-2008
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/20/2008 4:00 PM Buy
None
27.68
as of 12/24/2008
1 Week up  18.46 %
1 Month   
3 Months   
1 YTD up  18.46 %

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