Down 30%, This Elite Dividend Stock Looks Like a Great Buy Right Now
Shares of American Tower (NYSE: AMT) have gotten shellacked over the past year. The data infrastructure-focused real estate investment trust (REIT) is down about 30% from its peak last year.
While American Tower is experiencing some headwinds, the downdraft in its stock price makes it look like a great buy these days. Shares currently yield more than 3%, which is their highest level in the past decade:
Source Fool.com