|Bid||213.70 x 1100|
|Ask||215.47 x 900|
|Day's Range||213.92 - 219.25|
|52 Week Range||140.40 - 242.00|
|Beta (3Y Monthly)||-0.00|
|PE Ratio (TTM)||65.07|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||3.45 (1.58%)|
|1y Target Est||220.53|
American Tower Corporation (REIT) is a US$95b large-cap, real estate investment trust (REIT) based in Boston, United...
American Tower Corporation today announced that Rod Smith, its Senior Vice President, Corporate Finance and Treasurer, is scheduled to present at the Bank of America Merrill Lynch 2019 Media, Communications and Entertainment Conference in Beverly Hills, California on Wednesday, September 11, 2019, at 11:15 a.m.
American Tower Corporation today announced that Jim Taiclet, its Chairman, President and Chief Executive Officer, is scheduled to present at the Goldman Sachs 28th Annual Communacopia Conference in New York, New York, on Tuesday, September 17, 2019 at 9:40 a.m.
Arlington-based Federated Wireless has raised $51 million in its latest funding round — its biggest single haul so far — as its customers launch the company's 5G and private business wireless networks and it looks to expand its own real estate footprint. Federated Wireless, a software-as-a-service firm founded in 2012, has raised a total of $126 million to date. The company provides a shared spectrum Citizen Band Radio Service — technology that allows for the creation of smaller, localized wireless networks — to more than 30 customers.
(Bloomberg) -- European phone companies are selling their mobile masts and growth-hungry U.S. tower companies have money to spend -- it looks like a marriage made in heaven.Instead, firms like American Tower Corp. and Crown Castle International Corp. are largely staying away, making it easier for Spain’s Cellnex Telecom SA and infrastructure funds managed by Macquarie Group Ltd., KKR & Co. and others to sweep up the region’s tower assets.Their hesitation is driven partly by price: the global hunt for yield has driven up the premium for these assets, which offer reliable, steady income streams. Independent tower companies also won’t pay top dollar unless they see a path to significant revenue growth -- and that’s where they have a problem with Europe.“The American tower companies say, ‘OK, Europe is fine at the right price, but prices are not where we need them to be, so we think the opportunities elsewhere are more attractive,”’ said Nick Del Deo, senior analyst at U.S. research firm MoffettNathanson.Tens of thousands of European masts are expected to see ownership changes in the next two years as companies such as Iliad SA, Vodafone Group Plc and Telecom Italia SpA bring in new investors to reduce debt and share the heavy cost of rolling out 5G technology.But only a quarter are likely to end up with independent operators, according to TowerXchange. Vodafone and CK Hutchison Holdings Ltd. are creating separate units for almost 90,000 towers and the consultancy expects them to maintain control over those businesses. That’s a turn-off for independent companies, which try to maximize revenue by leasing mast space to as many network operators as possible.Many European carriers want to keep some hold on their towers because they see mobile infrastructure as a strategic asset that can help them manage costs and perhaps gain a competitive edge. They’re also mindful of what happened in the U.S., where operators rushed to sell their towers more than a decade ago only to find themselves stuck with a big bill for leases and capacity rights.Vodafone Surges on Possible IPO, Stake Sale of Towers UnitVodafone and Telefonica Ink 5G Terms in Move to U.K. Tower SalesNiel Agrees to $3 Billion of Phone Tower Sales to CellnexCK Hutchison to Separate Out European Phone Towers BusinessSelling full ownership of towers to independent players can spur innovation and reduce expenses by encouraging carriers to share infrastructure, avoiding costly duplication. European carriers’ insistence on maintaining control means the continent’s progress in rolling out 5G will likely continue to be slower compared to the U.S., where towers are largely in independent hands.“There is a risk that the European carriers go too far the other way,” Del Deo said. “The captive tower model, if you look globally, has never proven to be that effective.”For now, American Tower is mostly relying on building towers in Africa, Latin America and India for its international growth.Crown Castle didn’t respond to a request for comment on its future European asset bidding plans. American Tower declined to comment. Its chief executive officer, James Taiclet, told analysts last month that recent large European tower sales didn’t meet its bar for growth prospects and asset costs.Here are some other reasons why U.S. tower firms aren’t piling into Europe:Redundancy: Europe has more cases of towers operated by rival carriers sitting in close proximity. An independent owner may want to remove one to cut costs, but the tower often comes with a ground lease that they must keep paying for years.Less Potential: Europe has lots of rooftop antenna sites, which can’t accommodate as many customers as can a ground-based tower. Many European portfolios include broadcast towers in rural areas that may not be as valuable as mobile towers.Radio Emission Rules: In some countries, rules on maximum electromagnetic radio emissions limit the number of antennas a tower firm can install at a single site.\--With assistance from Scott Moritz.To contact the reporter on this story: Thomas Pfeiffer in London at firstname.lastname@example.orgTo contact the editors responsible for this story: Kenneth Wong at email@example.com, Jennifer Ryan, Anthony PalazzoFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Every once in a while, a stock chart just reaches out and grabs you. The trend is so strong that it compels you to pay attention. I recently had one of those moments with 5G stocks, so I wanted to share it now.This particular chart highlights a trend that debunks one of the biggest myths I'm hearing right now - the one that says, "the market is doomed, everyone's selling off, and if you haven't yet, then you should, too."If that were true, why are these "random" stocks going absolutely wild compared to the broader market?InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs you can see in the one-year chart below, they're racking up 30%, even 50% gains… during a time period when the S&P 500 (the orange line at the bottom) is flat.I call them "random" stocks because Crown Castle International (NYSE:CCI) and American Tower Corp. (NYSE:AMT) are likely not top-of-mind for many investors. They're not the kind of stocks that folks like me usually get called to discuss on TV. (But with performance like that, they should.)But these are NOT "random" stocks. In fact, they'll be crucial in implementing 5G wireless, one of the biggest revolutionary technologies that's just taking off now and is set to explode into the 2020s. * 10 Companies Using AI to Grow Crown Castle and American Tower are real estate investment trusts (REITs) specializing in telecom services. In other words, they often play landlord to companies like Verizon (NYSE:VZ), AT&T (NYSE:T), T-Mobile (NASDAQ:TMUS), and Sprint (NYSE:S). At this point, that's basically the whole industry. And these telecom REITs help provide cell towers, plus newer technology called "small cells," as well as the fiber-optic cables that run out to customers.Are cell towers a growth industry? Absolutely. And that's because people's usage of mobile data is skyrocketing. In 2018, the average smartphone in North America used 7 gigabytes per month. In 2024, that'll be more like 40 gigabytes per month, according to a June report from Ericsson (NASDAQ:ERIC).That's nearly 6X growth in just six years.Crown Castle CEO Jay Brown cited that stat when giving his 2019 guidance on new-leasing activity. In the July earnings report, Brown announced that his company expects a 30% increase in tower leasing, year-over-year.But this is a much bigger story than Crown Castle, American Tower, or any other individual 5G stocks.At Investment Opportunities, I've really been digging into the 5G mega-trend -- and you can bet I'll continue to do so. The closer I look, the more opportunities I find… some that you might never expect.Keep in mind that when we talk about 5G, we're talking about speed. Taking devices that don't look much different than the ones we use now… and transforming them into something exponentially faster and more powerful.With 5G, you will be able to download a movie in six seconds. Today it takes seven minutes with the current 4G technology.Now, here in the United States -- in tech strongholds like San Francisco and wealthy suburbs like Montgomery County, Maryland -- homeowners aren't too thrilled when Crown Castle or Verizon come to their neighborhood to put up a cell tower. (Or add to an existing one, like with the 5G buildout.)I get it, but these folks aren't seeing the big picture. They just see a big gray box. Ultimately, though, 5G is coming -- and it'll take us to the next level of wireless communications. Not just for consumer products, like our iPhones, but for industrial applications, advanced medicine, and even transportation. If we're talking about self-driving cars, we're talking about a lot of data that needs relayed back and forth in an instant.The speeds 5G provides will be the catalyst for just about every other game-changing technology that's coming down the pike. And the more people realize that, the more they'll start to notice stock charts like the one above.This is what I'm talking about when I say: The market is full of buying opportunities right now. Yes, right now.P.S. What are some of these game-changing technologies I'm looking at?Besides self-driving cars, there are electric cars in general (which are being adopted at a phenomenal rate)…There are tons of other connected devices -- a whole Internet of Things…There are smart medical devices, leading to precision healthcare…And artificial intelligence…No wonder data usage is taking off into the stratosphere.And guess what? All those devices need to be powered.Unfortunately, the current technology has some pretty severe limitations. But new technology is emerging to replace it -- one that's safer AND more powerful.Click here to learn more and prepare to ride this trend higher in your portfolio.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Companies Using AI to Grow * The 10 Biggest Winners From Second-Quarter Earnings * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post Are 5G Stocks Worth the Hype? This Chart Says It All appeared first on InvestorPlace.
Highwoods Properties' (HIW) signing of a lease with a new customer in one of the Raleigh area's BBDs having a solid credit profile reflects healthy demand for its properties.
Mike's Note: For the past week, we've featured Jeff Brown's insights on the 5G wireless network rollout. Thanks to his direct connection to Silicon Valley's inner circle, and his decades of experience in the technology sector, Jeff's able to uncover big tech news before it hits the mainstream media.Source: Shutterstock Earlier, he showed us why this tech isn't just an investment megatrend, but a "winner-take-all economic struggle."Read on below as Jeff continues to dive into why deploying this technology is a must-win race for the U.S… and a smart move for our national security…InvestorPlace - Stock Market News, Stock Advice & Trading TipsBy Jeff Brown, Editor, Exponential Tech InvestorIn the summer of 2018, Boston-based cybersecurity firm Cybereason discovered something troubling… * 10 Marijuana Stocks That Could See 100% Gains, If Not More The company exposed a massive international espionage campaign that had hacked into at least 10 major wireless carriers.The hackers wanted to track around 20 high-profile political and military figures - including monitoring their phone calls, texts, and physical locations. It's something right out of a spy movie.This campaign (called Operation Soft Cell) had been going on for years. And based on the data, it appeared to be a nation-state attack - by China.Now, Cybereason didn't release the identities of the targets. It's too dangerous. And while we don't know for sure, prominent Western targets are a safe bet.But all this info was revealed to key U.S. government officials around the same time they started banning 5G tech and networking equipment from China's Huawei and ZTE.And today, I'll share why the ban was a smart move for our national security - and what it means for investors… The Next Generation of Wireless TechYou see, I've been tracking the 5G space very closely. It's the next evolution of wireless networks. And these new networks are going live on a weekly - and sometimes, daily - basis.On average, 5G will deliver mobile speeds 100 times faster than the 4G networks we connect to today. And having the fastest possible communications network on the planet is critical for economic growth and strength…Consider this: The economic impact of 5G will be in the range of three to five times more than the 4G wireless buildout.With 5G, as much as $275 billion will be invested by U.S. wireless carriers. Roughly three million jobs will be created in the U.S. And we can expect approximately $500 billion in GDP growth, too.At an industry level, expect $200 billion invested per year through 2025.So it's no wonder President Trump is eager to push the 5G wireless buildout forward.In fact, early last year, the current administration "threatened" to build out its own national 5G network if wireless carriers couldn't get it done. And my suspicion is that it was a warning.The White House was saying, "Get out there and build these 5G networks quickly - or we'll do it for you." It was lighting a fire under private companies involved in the 5G buildout.And it worked…Verizon just launched 5G in four more U.S. cities: Atlanta, Detroit, Indianapolis, and Washington, D.C. So President Trump and America's senators will now have access to blazing-fast 5G.Now, some of us might be thinking that this early 5G coverage launch in D.C. isn't a coincidence. And we'd be absolutely right…Putting 5G tech in the hands of busy policymakers demonstrates progress. After all, the president has made his intentions on 5G very clear. In April, he said:The race to 5G is a race America must win, and it's a race, frankly, that our great companies are now involved in. We've given them the incentive they need. It's a race that we will win.And America winning this 5G race could be a matter of national security… Wireless World WarHere's what I mean by that: Countries leading the way in deploying 5G networks will have a competitive advantage over others.And the tech companies in these "first-mover" countries will be the first to develop the hardware and software enabling these 5G wireless services.Now, the fear is that China will set the 5G precedent. It'd leave America dependent on Chinese 5G infrastructure. The U.S. would be vulnerable to further cyber-spying.That's why Cybereason's discovery of Operation Soft Cell was alarming. And it's why the government further determined equipment from Huawei and ZTE was a security threat.Now, given the scale and origin of the operation, the ban looks like a smart move.Plus, the president is now insistent on getting America's 5G networks built out quickly - by American and European firms.And for investors, here's the bottom line…Behind the scenes, the world's top superpowers - the U.S. and China - are waging a war for 5G supremacy.So 5G is an unstoppable trend. And companies providing the necessary tech for these 5G networks will benefit.American Tower (NYSE:AMT) is one of these wireless communications infrastructure companies. It builds and maintains communications infrastructure like cell towers.It was instrumental in the 4G buildout that started in 2011. And it's also heavily involved in erecting and maintaining the towers used in the 5G buildout.Right now, investors should be looking at companies like American Tower that provide critical network infrastructure. These key 5G stocks will soar.Keep this trend on your radar. I expect 5G to be the best investing opportunity of the next decade.Regards,Jeff Brown Editor, Exponential Tech InvestorP.S. Investors who miss the 5G boom will regret it for the rest of their lives. I expect key 5G stocks to soar as much as 10x - perhaps higher. 99% of investors will miss this chance. I encourage you not to be one of them.That's why I'm hosting the 5G Investment Summit tonight at 8 p.m. ET. I'll reveal my stock-picking method for finding the fastest-moving 5G stocks. I'll even give you the name of my No. 1 5G company to add to your watchlist.I haven't revealed this research anywhere else. And the only way to claim it is by signing up right here. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Marijuana Stocks That Could See 100% Gains, If Not More * 11 Stocks Under $10 to Buy Now * 6 China Stocks to Buy on the Dip The post Jeff Clark's Market Minute: World War 5G appeared first on InvestorPlace.
Chris' note: There's a lot of excitement building around my colleague Jeff Brown's 5G summit. It kicks off tonight. And there's still time to secure your slot. Just follow this link and add your name to the guest list.Source: Shutterstock For today's dispatch, we're handing the reins over to Jeff. Below, he digs into why 5G is not only an unstoppable investment trend, but also a matter of national security. In fact, as you'll see, 5G is on President Trump's radar right now as a top national security priority…Last summer, a Boston-based cybersecurity firm called Cybereason discovered something disturbing…InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt was a massive espionage campaign targeting at least 10 major wireless carriers around the world.The hackers were tracking about 20 political and military targets. They were collecting data from these carriers about the targets' phone calls, texts, and physical locations.It's right out of a spy movie. * 10 Marijuana Stocks That Could See 100% Gains, If Not More This campaign - dubbed Operation Soft Cell - had been going on since 2012. And Cybereason says all the evidence points to the culprit being a hacker crew working for Chinese intelligence.Now, we don't know who the Chinese spies were targeting. That's still top-secret information.But what's clear is that key Trump administration officials got wind of this campaign around the same time they started banning 5G networking equipment from two Chinese firms: Huawei (pronounced "wah-way") and ZTE.Today, I'll show you why the ban was a smart move for our national security. I'll also show you some of the specific ways you can profit from the 5G boom.Next-Generation TechI've been tracking the 5G space for my readers since 2017.It's the next evolution of the wireless networks that connect your smartphone to the internet. These new networks are going live on a weekly - and sometimes daily - basis.On average, 5G will deliver speeds 100 times faster than the 4G networks we use today.And having the fastest possible communications network on the planet is critical for our economy.That's why U.S. wireless carriers will invest as much as $275 billion in 5G networks. This will create about 3 million jobs for Americans. And 5G will add about $500 billion to U.S. economic output.At an industry level, expect $200 billion invested every year through 2025.That's why 5G has gained an influential supporter…Trump Is Backing 5G TechPresident Trump is eager to speed up the 5G wireless build-out.Early last year, his administration threatened to build its own national 5G network if wireless carriers couldn't get it done.My suspicion is that it was a warning.The White House was telling Verizon (NYSE:VZ), AT&T (NYSE:T), and T-Mobile (NYSE:TMUS), "Get out there and build these 5G networks quickly - or we'll do it for you."In other words, it was lighting a fire under private companies involved in the 5G build-out.And it worked…Verizon just launched 5G in Atlanta, Detroit, Indianapolis, and Washington, D.C. So President Trump and America's senators will now have access to blazing-fast 5G.Now, you may be thinking this early 5G coverage launch in D.C. isn't a coincidence. And you'd be right…But putting 5G tech in the hands of policymakers demonstrates progress. After all, the president has made his intentions on 5G clear. In April, he said:The race to 5G is a race America must win, and it's a race, frankly, that our great companies are now involved in. We've given them the incentive they need. It's a race that we will win.And the president is right…Wireless World WarCountries leading the deployment of 5G networks will have a competitive advantage over their rivals.And the tech companies in these first-mover countries will be the first to develop and sell the hardware and software for 5G wireless services.Remember, new technologies such as self-driving cars and fleets of remote trucks depend on the data speeds 5G brings.Now, the fear is that China will take the lead. That would leave the U.S. dependent on Chinese 5G infrastructure. We'd be vulnerable to more cyber spying from Chinese spies.That's why the president wants the country's 5G network built out quickly. And it's why he wants it to be built by U.S. and European firms.As I've been showing you, 5G is an unstoppable trend. And companies providing the necessary tech for these 5G networks will benefit.What to Do NowI've been recommending my readers look at companies that provide critical network infrastructure.Take American Tower (NYSE:AMT). I put it on my readers' radars in July 2018.AMT builds and maintains wireless network infrastructure such as cell towers.The firm played a key role in the 4G build-out that started in 2011. Today, it's also involved in putting up the towers used in the 5G build-out.And it's been a great stock to own.But that was just the first phase of the 5G boom.My research shows that the third and final phase is going to be the most profitable by far.During the 4G era, individual stocks soared 868%, 1,745%, and even 3,200%. I believe the biggest winners during the final phase of the 5G boom could soar even higher with time.I'll be revealing full details of my market "script" for 5G today, August 22 at 8 p.m. ET.That's when I'm hosting my free 5G investment summit, The Final Phase of the 5G Boom.I'll show you why the final phase I've identified is set to be so profitable. And I'll give you my checklist for picking the best 5G stocks. I'll even give you the name of my No. 1 5G watchlist company.I hope to see you there. You can save your spot here.Regards,Jeff Brown Editor, Exponential Tech Investor More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Marijuana Stocks That Could See 100% Gains, If Not More * 11 Stocks Under $10 to Buy Now * 6 China Stocks to Buy on the Dip The post Trump Incentivizes Top Wireless Carriers to Build Americaas 5G Network appeared first on InvestorPlace.
Today we'll take a closer look at American Tower Corporation (REIT) (NYSE:AMT) from a dividend investor's perspective...
It's an investing trend you can't afford to ignore…Source: Shutterstock This week, we're keeping the focus on the 5G revolution.That's the next generation of blazing-fast wireless communications networks being built out right now.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Marijuana Stocks to Ride High on the Farm Bill And according to Silicon Valley insider and Legacy Research tech expert Jeff Brown, 5G stocks will be one of the most profitable opportunities over the next decade.That's why Jeff is hosting a special event this Thursday…It's called The Final Phase of the 5G Boom. And it airs on August 22 at 8 p.m. ET.Jeff will reveal how a few key 5G stocks could deliver 10 times your money - perhaps even more - as this unstoppable trend gains momentum.He'll even be sharing his No. 1 5G watchlist company. So before you read on, make sure to save your spot.But as we'll explore in more detail in today's dispatch, 5G isn't just an investment trend.It's also a matter of national security.That's because, as Jeff explained yesterday, the Chinese government could use Chinese-built 5G networks to mount a mass-espionage campaign against the U.S.It's because of the threat from groups like APT10…That's short for "Advanced Persistent Threat 10." And it's the code name given to an elite group of Chinese computer hackers.APT10 works for the Chinese Ministry of State Security (MSS).It's the Chinese intelligence agency responsible for stealing secrets and technology from other countries. (Think the CIA in the U.S.)And it's had near unlimited access to data flowing through global wireless networks.That's according to Boston-based cybersecurity firm Cybereason…It conducted an investigation last year. And it concluded that APT10 was behind "mass-scale espionage" of global cellular networks.The investigation report is a sobering read.In an operation Cybereason dubbed "Operation Soft Cell," APT10 seized control of at least 10 cellular networks around the world.This gave Chinese spooks almost open access to these networks… and the sensitive data that passes through them.And Operation Soft Cell isn't the only threat. Last year, 30% of telecommunications providers reported that hackers had stolen sensitive information on their customers.The Chinese don't have to hack into your phone to spy on you…It's more efficient to hack into telecommunications companies such as Verizon, AT&T, or T-Mobile.Then, groups like APT10 can use the data these companies collect on their customers to surveil you.And in 2012, that's exactly what APT10 started to do.By secretly gaining access to these network providers, it was able to steal a trove of sensitive information.This included billing data, call-detail records, credentials… even geolocation data (thanks to the GPS units built into smartphones).This gave MSS the ability to "track any person across different countries." That's what Cybereason CEO Lior Div told The Wall Street Journal.Any time one of MSS's targets used a cell phone, MSS could tell where he was and who he was talking to… along with other "private" data sent across these networks.This is the kind of vulnerability that keeps U.S. intelligence chiefs awake at night…They worry Americans will become more vulnerable to Chinese companies if China builds the world's 5G networks.A Chinese-built 5G network could hand APT10 - and other state-sponsored groups like it - a secret "backdoor" into the rest of the world's private cellular communication.Cybereason believes APT10 is even capable of shutting down or disrupting wireless networks as part of a larger cyberwarfare operation.This issue is so important it's on President Trump's radar…And the radar of his inner circle of advisors.Last year, President Trump's National Security Council (NSC) considered a federal takeover of a portion of America's wireless communications network.That way, the U.S. could better protect its 5G network… and keep China from infiltrating its wireless communications.Trump now opposes nationalizing 5G networks…As Jeff put it in these pages yesterday, the nationalization threat was a way to "light a fire" under the U.S. companies involved in the 5G build-out.The Trump administration was telling Verizon, AT&T, and T-Mobile, "Start building 5G networks now. Or we'll do it for you."And Trump is right to be concerned. It's hard to overstate how important it is these networks stay secure.In the future, the 5G network will be used in robotic surgery, for instance. It will also be used to transmit data to and from self-driving cars… and to and from remote-controlled fleets of semi trucks.The military also needs secure networks to communicate with drones and other unmanned vehicles.As Jeff has been writing for years, this is something you don't want to ignore…5G will allow us to download movies in seconds on our smartphones.But what makes 5G a game-changer is the new tech innovations it will give birth to.By 2035, Jeff says 5G will be responsible for at least $12 trillion of new goods and services. That's roughly 60% of America's total GDP in 2017.For the White House, it's essential that the 5G networks are built with U.S. and European technology. It's their only shot at protecting these networks from foreign espionage.Jeff began by focusing on the first phase of the 5G revolution…That's the build-out of the physical infrastructure 5G networks need to exist.For instance, Jeff put American Tower (NYSE:AMT) on readers' radars in July 2018.It builds and maintains wireless network infrastructure such as cell towers.The firm played a key role in 4G build-out that started in 2011. Today, it's also involved in putting up the towers used in the 5G build-out.And it's been a great stock to own.You can see AMT crushed the markets since July 2018. It's up 60% versus a gain of 4% for the S&P 500.And as you'll learn in tomorrow's dispatch, the 5G network build-out is unfolding in three phases. And the next phase promises to be even more profitable than the first.Stay tuned for more on that tomorrow.And don't forget to mark your calendar…As I (Chris) mentioned up top, this Thursday, August 22 at 8 p.m. ET, Jeff is hosting a free 5G investment summit.He'll be detailing how the final, most profitable phase of the 5G boom will unfold.He'll also reveal his method for picking the fastest-moving 5G stocks. These are the investments Jeff believes could 10x your money as the 5G megatrend unfolds.He'll even give you a "Phase 3" 5G company to add to your watchlist.I'll be clearing my schedule to hear Jeff's big reveal. And I hope you'll join me. Here's that link again to save your spot.Regards,Chris Lowe August 20, 2019 Dublin, Ireland More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Marijuana Stocks to Ride High on the Farm Bill * 8 Biotech Stocks to Watch After the Q2 Earnings Season * 7 Unusual, Growth-Oriented REITs to Buy for Your Portfolio The post The U.S. Is in a 5G Race Against China appeared first on InvestorPlace.
In a low interest rate environment, dividend stocks often come into focus. One type of dividend stock that gets attention is the real estate investment trust (REIT). To gain this status, companies must pay at least 90% of their income to shareholders in the form of dividends. Consequently, investors often look for REITs to buy because such rules lead to higher interest rates. Average yields for REITs have now climbed to 4.06%, more than double the average return of the S&P 500. * 10 Stocks That Every 30-Year-Old Should Buy and Hold Forever Investors should also note that REITs remain a dynamic sector. For example, the advent of e-commerce has hurt retail REITs and boosted industrial REITs as a large portion of retailing moved from malls to warehouses. Also, new REIT sectors sometimes emerge. For example, data center REITs came about to meet the demand for cool, wired, secured real estate to store IT equipment. Such changes bring about new REITs to buy, and these stocks offer opportunities in such emerging industries.InvestorPlace - Stock Market News, Stock Advice & Trading Tips CorEnergy Infrastructure Trust (CORR)Source: Shutterstock CorEnergy (NYSE:CORR) owns the infrastructure that runs the oil and gas industry. This includes structures such as pipelines, storage terminals and other transmission and distribution-related assets.Interestingly, as oil and gas prices struggle to gain traction, CORR stock remains one of the REITs to buy as its rise continues in this challenging environment. It now trades at just over $45 per share, a high not seen since 2012. Despite this increase, it trades at a forward price-to-earnings ratio of around 19.5.Moreover, the recent slump has not hurt profit growth. Wall Street predicts CORR stock will see profits grow by 9.3% and 23.9% next year before a slowdown in subsequent years.However, this could boost an already generous dividend payment. Right now, CORR stock pays out $3 per share. That yields around 6.6%. Although it has not risen since 2016, the current pace of profit growth could force it higher.After the current run-up, both revenue and profit growth could plateau. However, it should level off at a point that will still yield current investors a high dividend return. Crown Castle (CCI)Source: iStockphoto Among REITs to buy, Crown Castle (NYSE:CCI) specializes in what many call "vertical real estate." It owns towers throughout the world that make wireless communication possible. CNN Business's Paul R. La Monica went so far to label Crown Castle and peers American Tower (NYSE:AMT) and SBA Communications (NASDAQ:SBAC) as the "real winners" of 5G. SBA's CEO expects 5G to provide his industry with "multiple years of solid customer demand and strong growth."Hence, it should come as no surprise that CCI stock has risen to about $144 per share. It has increased by about 40% over the last year. Admittedly, this has made CCI a pricey stock as it trades at a forward P/E ratio of about 69.4.However, for this price, investors can expect to derive both significant growth and income. Analysts predict average profit growth of 21% per year over the next five years. * 7 Fintech ETFs to Buy Now for Fabulous Financial Exposure The dividend has also risen consistently after becoming a REIT in 2014. Investors currently receive $4.50 per year in payouts. This brings its dividend yield to just over 3.1%, higher than either AMT or SBAC stock. Thanks to the 5G buildout, these payouts should continue to grow for years to come. Essential Properties Realty Trust (EPRT)Source: Shutterstock Essential Properties Realty Trust (NYSE:EPRT) has only traded for a little over one year. However, this diversified REIT, which specializes in properties with one tenant, has already delivered huge returns for its investors. Restaurants, movie theaters and vet clinics are among the property types it owns.It debuted at $14 per share in June 2018. Although it saw little price action in 2018, its growth in 2019 has made it one of the best REITs to buy. After last Christmas, it began a steady rise which has now taken it north of $22 per share.But can that continue for EPRT stock?Quite possibly, yes. The move higher took its forward P/E ratio to about 34. That may seem elevated. However, with average profit growth estimated at 34.61% per year over the next five years, that multiple appears reasonable.EPRT stock pays 88 cents per share in dividends. Despite the run-up, that amounts to a yield of around 4%. As a young company, it has only made four quarterly dividend payments in its history. While that has shown no increase, the profit growth rate will force that payout to move higher. As long as that growth continues at its current pace, I think EPRT stock will continue its move higher. Innovative Industrial Properties (IIPR)Source: Shutterstock Innovative Industrial Properties (NYSE:IIPR) came about due to the emerging marijuana industry. This has created the need for spaces that provide ideal growing conditions for marijuana. This demand has gone ever higher due to hemp attaining legal status and cannabidiol (CBD) flying off store shelves.This company owns 21 properties specifically designed for producing cannabis. Over the last two years, IIPR stock has boomed. The yield of about 2.25% may look low by REIT standards; however, these payouts continue to rise. Two years ago, IIPR stock paid shareholders 15 cents per share in dividends every quarter. Now, the quarterly payout has increased to 60 cents per share.Furthermore, stock price appreciation has seen nearly as much growth. It traded below $20 per share in late 2017. Today it has risen to about $106 per share as of the time of this writing. Moreover, unlike most marijuana stocks now, it trades near its all-time high. * The 10 Best Marijuana Stocks to Buy Now To be sure, IIPR stock carries with it more risk. The forward P/E ratio has risen to 35.6. That comes in low for a cannabis stock, but high for a REIT. However, Wall Street forecasts earnings increases of 128% this year and 74.3% in fiscal 2020. As long as the cannabis industry continues to see massive growth, IIPR stock should follow suit. Omega Healthcare Investors (OHI)Source: Shutterstock Omega Healthcare (NYSE:OHI) should make REITs to buy lists for demographics as much as any company-related factor. All things healthcare continue to benefit from the fact that about 10,000 baby boomers per day age into Medicare. Between their growing need for healthcare and help to pay through Medicare, the demand for healthcare-related facilities continues to rise.Consequently, analysts project a 10% earnings increase for Omega this year. Over the next five years, they believe average profit growth will rise to 15.8%. This will significantly boost the dividend for OHI stock as it has in past years.That said, investors should treat this as an income stock. Admittedly, the stock price has seen little growth over the last five years. In August 2014, it traded near the $36 per share level. Today, OHI stock sells for just over $39 per share. Moreover, the forward P/E ratio of almost 23 does not make this REIT cheap.Still, the payout should more than compensate for these shortcomings. The current annual dividend stands at $2.64 per share, a yield of almost 6.75%. Over time, this payout tends to rise steadily. Although it has not increased since the beginning of 2018, the increasing profit should keep the payout moving higher. These profit increases and the demographic trend backing them up make OHI stock one of the better REITs to buy for the foreseeable future. Ryman Hospitality (RHP)Source: FlickrAlthough many may not recognize the Ryman Hospitality (NYSE:RHP) name, they do know its flagship property, Nashville's Gaylord Opryland Resort. They also own four other Gaylord resort properties spread across the country. The company also owns several entertainment venues in Nashville and two others outside of the area.Investors should place RHP stock on their REITs to buy list, not so much for its excitement, but a track record of mostly steady growth. The stock price has nearly doubled in value over the last five years. Shrinking profits likely contributed to a slight decline in RHP over the previous year.However, this may have given investors a buying opportunity. RHP stock trades at a forward P/E ratio of about 25.3, thanks to a temporary drop in annual profits. However, after this year, Wall Street predicts an average earnings growth rate of 15.51% for the next five years. * 7 Marijuana Penny Stocks That I May Buy Since its second REIT dividend payment in 2013, the payout has steadily increased. It now pays shareholders $3.60 per year for a yield of just over 4.3%. As the valuation falls and profits and dividends increase, long-term investors should continue to benefit from both a growth and an income standpoint. Safehold, Inc. (SAFE)Source: Shutterstock Safehold (NYSE:SAFE) has become one of the REITs to buy for its unique take on property ownership. It specializes in ground leases. They buy the property under the building, leasing it back to the building owner. This unlocks the value of the property under buildings, allowing property holders to hold less equity and push cash to use in other areas. The REIT has applied this strategy to multiple property types.Since launching their IPO in 2017, SAFE stock and its dividend initially struggled. Moreover, the dividend yield of about 2.1% has remained below REIT averages. However, the stock began to appreciate in 2019. Now trading at about $29 per share, SAFE has appreciated by about 80% since January. Also, the company raised the annual dividend by 2 cents per share in July.Those increases should continue. Wall Street also predicts profit growth for the next five years will average 42.6% per year. Furthermore, despite this massive growth, it still sells for a forward multiple of about 22.2. As long as SAFE stock can maintain this pace of profit growth, shareholders should benefit from not only the dividend but also a continually rising stock price.As of this writing, Will Healy did not hold a position in any of the aforementioned securities. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post 7 Unusual, Growth-Oriented REITs to Buy for Your Portfolio appeared first on InvestorPlace.
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