Bullish Case: AMT's revenue beat, tenant growth, and international expansion signal strength. Improved revenue from data centers points to diversification beyond core tower leasing business.


Bearish Case: High PB ratio, dividend cut concerns, insider sales, and potential rate hikes threaten AMT's REIT structure, challenging its growth trajectory.


Potential Outcomes:

1) Rate hikes pressure AMT stock (70%).

2) Sustained 5G roll-out boosts stock (60%).

3) Dividend cut reevaluation lifts sentiment (40%).


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April 16, 2024


American Tower Forecast

AMT        American Tower
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






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BUD Forecast + Options Trading Strategies   [BUD]  Anheuser-Busch (0.8)


AMBC Forecast + Options Trading Strategies   [AMBC]  AMBAC Financial (0.79)


PLNT Forecast + Options Trading Strategies   [PLNT]  Planet Fitness (0.77)


CCI Forecast + Options Trading Strategies   [CCI]  Crown Castle International (0.76)


IGLB Forecast + Options Trading Strategies   [IGLB]  BlackRock Institutional Trust Company N.A. - iShares 10 Year Investment Grade Corporate Bond (0.76)



Uncorrelated Stock Forecasts

Assets with little price relationship to AMT



HDSN Forecast + Options Trading Strategies   [HDSN]  Hudson Technologies (-0.0)


APP Forecast + Options Trading Strategies   [APP]  Applovin Corp (-0.0)


VFF Forecast + Options Trading Strategies   [VFF]  Village Farms International (0.0)


WOLF Forecast + Options Trading Strategies   [WOLF]  Wolfspeed (0.0)


MXL Forecast + Options Trading Strategies   [MXL]  MaxLinear (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against AMT



JDST Forecast + Options Trading Strategies   [JDST]  Direxion Daily Junior Gold Miners Index Be (-0.65)


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.72)


SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.73)


REK Forecast + Options Trading Strategies   [REK]  ProShares Short Real Estate (-0.74)


CELH Forecast + Options Trading Strategies   [CELH]  Celsius (-0.77)





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