|Bid||229.01 x 900|
|Ask||229.43 x 1400|
|Day's Range||228.62 - 238.43|
|52 Week Range||174.32 - 272.20|
|Beta (5Y Monthly)||0.30|
|PE Ratio (TTM)||54.12|
|Forward Dividend & Yield||4.56 (1.96%)|
|Ex-Dividend Date||Sep 25, 2020|
|1y Target Est||N/A|
American Tower (AMT) will raise net proceeds of $1,678.9 million from the pricing of three series of senior unsecured notes.
Real estate investment trusts (REITs) are by their very nature structured to be reasonably safe investments. President-elect Joe Biden already is putting a task force in place to take on the pandemic. Biden promised throughout his campaign to expand broadband access to all Americans, especially rural areas.
On CBBC's "Fast Money Halftime Report," the investment committee went over their Final Trades.Jim Lebenthal mentioned American Tower (NYSE: AMT). The stock is a little expensive.Steve Weiss sold Jumia Technologies (NASDAQ: JMIA). Although it moved towards profitability, that's not the game plan, said Weiss. The company got there at the expense of sales and marketing. He thinks it'll be okay on a long-term basis, but that's not what he wanted to see out of an online retailer.Weiss also trimmed Alibaba (NASDAQ: BABA), citing major anti-trust issues.Tiffany McGhee bought Disney (NYSE: DIS). She said it's a whole new world with earnings this Thursday, she thinks it'll have more than 100 million subscribers with Disney+ and the strong track record of outperformance in park and film and integrating the two.Michael Farr bought CVS (NYSE: CVS). He noted the reasons being 8x earnings, 3.4% dividends and they give out a lot of flu shots: "This stock's making money."Pete Najarian mentioned he bought the stock and calls in Valley National Bancorp (NYSE: VLY).See more from Benzinga * Click here for options trades from Benzinga * Pete Najarian Sees Unusual Options Activity In Lennar, General Motors * Good Vaccine, Treatment News Will Cause A Rotation Out Of Tech, Brad Gerstner Says(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.