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Barchart
Sohini Mondal

American Tower Stock: Is AMT Underperforming the Real Estate Sector?

With a market cap of $97.5 billion, American Tower Corporation (AMT) is a global leader in communications real estate and one of the largest real estate investment trusts (REITs). With a portfolio of over 148,000 communications sites worldwide, the company provides leasing solutions for towers, in-building systems, outdoor distributed antenna systems, and managed rooftops.

Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and American Tower fits this criterion perfectly, exceeding the mark. American Tower operates a highly interconnected footprint of U.S. data center facilities to support network expansion.

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