American Tower Corp (NYSE:AMT)
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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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Have any of you gone to the mall lately and looked at the huge lines at the Apple Store and Verizon Wireless to get iphones and Android phones? The demand is riduculously high!! Every time some activates a new phone, it creates demand for more cell phone towers. This company will forced to either grow robustly or die from competition and its competitor will skyrocket in this space. This stock is a good risk as a result.