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Barchart
Barchart
Sohini Mondal

Is American Tower Stock Outperforming the Nasdaq?

Boston, Massachusetts-based American Tower Corporation (AMT) is a leading global REIT specializing in multitenant communications real estate. Valued at a market cap of $104.6 billion, the company operates a vast network of towers and offers customized collocation solutions across numerous countries worldwide.

Companies worth more than $10 billion are generally described as “large-cap stocks,” and American Tower fits right into that category, with its market cap exceeding this threshold. AMT boasts a portfolio of over 224,000 communications sites and a highly interconnected footprint of U.S. data center facilities.

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