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American Tower Corporation (AMT) [hlAlert]

Rating:
Buy AMT
up 194.17 %

American Tower Corporation (AMT) rated Buy with price target $50 by Benchmark

Posted on: Friday,  Dec 4, 2009  8:25 AM ET by Benchmark

Benchmark rated Buy American Tower Corporation (NYSE: AMT) on 12/04/2009. Previously Benchmark rated Buy American Tower Corporation (NYSE: AMT) on 04/23/2009.,
when the stock price was $31.91. Since then, American Tower Corporation has gained 194.17% as of 09/02/2015's recent price of $93.87.
If you would have followed the previous Benchmark's recommendation on AMT, you would have gained 194.17% of your investment in 2323 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.

The Benchmark Company, LLC is a full-service Broker Dealer dedicated to meeting the needs of institutional and private clients. Operating from offices in New York, Boston, San Francisco, Philadelphia, Los Angeles and San Diego, Benchmark is committed to the highest standards of performance and service. This is a clear message to our clients that the company will continue to distinguish itself through outstanding service into the future.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/4/2009 8:25 AM Buy
None
41.75 50.00
as of 12/31/2009
1 Week up  16.35 %
1 Month up  23.46 %
3 Months up  38.79 %
1 YTD up  21.00 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/23/2009 8:25 AM Buy
None
31.91

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