AMT Q2 2024: The Crowd Goes Wild
American Tower and SBA Communications had similar updates, but the market loved AMT so much more.
The crowd is going wild for American Tower (AMT).
This is just the kind of quarter to get people hyped.
Can I say that when AMT still trades at a fairly reasonable valuation?
Not as cheap as some peers, but certainly not a bad deal.
Any Buybacks?
Not yet. Management referenced the possibility of allocating some capital to buybacks later.