American Tower Corp (NYSE:AMT)
CAPS Rating:
A wireless and broadcast communications infrastructure company. The Company's primary business is leasing antenna space on multi-tenant communications sites to wireless service providers and radio and television broadcast companies.
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The earnings yield is 1.8%, cash flow yield is 4.1% and dividend yield is 0%. AMT might be able to grow around 12% a year, maybe a little more.
Investors will eventually realize these are not acceptable yields.