American Tower Corp (NYSE:AMT)

CAPS Rating: 4 out of 5

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.

Recs

4
Player Avatar long2term (77.44) Submitted: 2/4/2012 1:49:44 PM : Outperform Start Price: $62.31 AMT Score: +2.36

Leo E. Rishty, editor of Unique Situations, recommended Alcatel-Lucent (ALU) based on its new lightRadio wireless technology:

“Envision all of those [cell phone] towers disappearing and being replaced with a little box the size of a Big Mac hamburger box. Bell Labs, a wholly-owned subsidiary of Alcatel-Lucent, has developed such a product. It is known as LTE radio. They can be placed on the top of a light post or the top of any building (or on the side.) These little boxes are able to relay cell phone signals with less interference than the ugly 200-foot towers [where] cell providers are sharing the tower and creating interference and loss of signal. None of that is present in the Alcatel-Lucent lightRadio. Production of LTE radio is expected to commence shortly, and the product should be available in the early part of 2012. Alcatel-Lucent is a leader in mobile, fixed, IP and optics technologies, and a pioneer in applications and services. Alcatel-Lucent includes Bell Labs, one of the world’s foremost centers for research and innovation in communications technology. An investment in Bell Labs would be worth more than all of ALU. They have thousands of viable patents related to the telecom field, and more each day. I rate Alcatel-Lucent a Strong Buy with a conservative target of $4 to $5 a share.”

Report this Post 4 Comments
Member Avatar echofarmer (98.85) Submitted: 3/11/2012 10:17:51 AM
Recs: 2

How is this a thumbs up?

Member Avatar LPStocks9086 (57.16) Submitted: 4/17/2012 12:32:08 AM
Recs: 0

Dilusional...

Member Avatar PinSunTom (53.38) Submitted: 4/30/2012 9:55:44 AM
Recs: 0

He posted to the wrong place. He is recommending ALU and not AMT. Thus, it isn't a thumbs up for AMT at all.

Member Avatar Susiefitz (93.43) Submitted: 4/30/2012 7:56:31 PM
Recs: 0

No, I think he posted here to get all of us who are looking at AMT, to question these towers, and switch over to the "little boxes".

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