Identifying great companies and then sticking with them is the key to building wealth through this economic cycle and any other, and real estate investing has a lot to offer. This is where real estate investment trusts (REITs) come in. Most REITs own and operate income-producing properties and pass the vast majority of their taxable income and tax liability on to shareholders. Read More...
Motley Fool
Why American Tower’s Price Tag Doesn’t Worry Me
While that’s normally a signal to wait until a market correction to buy, there are several reasons American Tower’s price tag doesn’t worry me. Until 2021, American Tower almost exclusively operated in the world of communications real estate, leasing mobile-phone and telecommunications towers to tenants such as Verizon, AT&T, and T-Mobile, among many others. During its 25 years in business, it’s become one of the largest communications operators in the world and the second-largest REIT by market cap, in large part because of its portfolio of more than 214 communications towers in 25 countries.
Add Comment