By:
On:
In: Good company, Stock analysis
Tagged:
With: 0 Comments

Company name American Tower Corp
Stock ticker AMT
Live stock price [stckqut]AMT[/stckqut]
P/E compared to competitors Fair

MANAGEMENT EXECUTION

Employee productivity Good
Sales growth Good
EPS growth Good
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $88.26
Target stock price (averages with growth) $140.43
Target stock price (averages with no growth) $113.99
Target stock price (manual assumptions) $94.67

The following company description is from Google Finance: http://www.google.com/finance?q=amt

American Tower Corporation is a holding company. The Company conducts its operations through its directly and indirectly owned subsidiaries and joint ventures. It is a wireless and broadcast communications infrastructure company that owns, operates and develops communications sites. Its primary business includes leasing antenna space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a number of other industries. This business is its rental and management operations. It also offer tower-related services domestically, including site acquisition, zoning and permitting services and structural analysis services, which primarily support its site leasing business and the addition of new tenants and equipment on its sites. In January 2012, the Company merged with and into American Tower REIT, Inc.

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.

 

By:
On:
In: Commentary
With: 0 Comments

I don’t think that you should invest based on the Democratic or Republican conventions being televised. The truth of the matter is that the affect of a President’s party or the convention to select him is too infrequent to have any statistical significance. There is no way that a Confident Investor could surmise that a specific stock will rise or fall based solely on the political party of the President of the United States of America.

Even though I don’t think it is a wise investment strategy, it is interesting to engage in trivia discussions over wine, coffee, or the water cooler with fellow investors. So in that spirit, I reference a recent article on MarketWatch.  I am only putting two of the paragraphs here but it is probably worth your effort to click over and read the entire article.

In the 16 presidential election years since 1948, the S&P 500-stock index has risen during 11 Republican conventions, as measured from the start to the end of the convention, according to a report by S&P Capital IQ. In contrast, stocks notched gains during only seven Democratic conventions.

When markets reacted favorably during one convention, they tended to drop during the opposing party’s convention. That suggests that if markets rise this week while Republicans are meeting, the odds are, stocks might drop when Democrats hold their convention in Charlotte, N.C., Sept. 3 to 6, says Sam Stovall, chief equity strategist for S&P Capital IQ.