This Underrated Real Estate Stock Could Make You Richer
American Tower (NYSE: AMT) is a real estate investment trust (REIT). The company owns and operates many of the towers that power cell networks. However, American Tower is expanding its business into adjacent markets, and that growth strategy has the potential to supercharge its performance in the coming years.
In this Backstage Pass video, which was recorded Oct. 29, 2021, Motley Fool contributor Travis Hoium discusses American Tower's third-quarter earnings, and he explains why cloud computing and 5G technology could be tailwinds for this real estate company. Fool contributor Brian Withers is also in this clip.
Source Fool.com
