GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
American Tower Corporation (AMT) [hlAlert]

Rating:
Overweight
AMT
up 198.47 %

American Tower Corporation (AMT) upgraded to Overweight by JP Morgan

Posted on: Wednesday,  Jun 24, 2009  8:25 AM ET by JP Morgan

JP Morgan rated Overweight American Tower Corporation (NYSE: AMT) on 06/24/2009, when the stock price was $31.45. Since
then, American Tower Corporation has gained 198.47% as of 09/02/2015's recent price of $93.87.
If you would have followed this JP Morgan's recommendation on AMT, you would have gained 198.47% of your investment in 2261 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.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/24/2009 8:25 AM Buy
None
31.45
as of 12/31/2009
1 Week up  16.35 %
1 Month up  23.46 %
3 Months up  38.79 %
1 YTD up  60.63 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/18/2008 8:25 AM Hold
None
27.90

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy