Summary: Being the largest cell tower REIT in the world, American Tower Corporation represents an exciting investment opportunity for investors looking to gain exposure to the global cell tower market. In this guide, you will learn how to buy American Tower stock through an online stock trading platform such as eToro.
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About American Tower Corporation
American Tower Corporation (NYSE: AMT) is a US-based real estate investment trust (REIT) specializing in wireless and telecommunications infrastructure. As of 2024, it is the largest REIT of its type in the world, enjoying a market capitalization of over $95 billion and nearly 225,000 communications sites on multiple continents.
How to buy American Tower stock: Step-by-step
American Tower Corporation has been a public company since 1998. It is traded on the New York Stock Exchange (NYSE) under the ticker AMT, and its stock is available for purchase on online stock trading platforms.
To buy AMT shares, you can:
- Step 1: Choose a broker;
- Step 2: Register and fund your account;
- Step 3: Place your order;
- Step 4: Monitor your investment.
Step 1: Choose a broker
To start purchasing AMT shares, you will need to find a reliable stockbroker.
To find a platform that aligns with your investment needs and priorities, consider factors such as fees, user-friendliness, customer support, etc. Our recommended broker for American Tower stock is eToro, a widely popular platform with a host of investing features, such as:
- Commission-free stock trading;
- Access to over 2,000 stocks from 17 different exchanges;
- The option to purchase fractional shares;
- Charting tools;
- A user-friendly platform that simplifies the trading experience.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
Step 2: Register and fund your account
Next, it’s time to register and fund an account. The registration process will vary from broker to broker, but it’s usually simple, with the most important step being document verification. As for the funding, you can use bank transfers, electronic wallets, and third-party aggregators such as PayPal.
Step 3: Place your order
Lastly, you can start placing orders and buying American Tower stock. To do that, simply:
- Step 1: Log into your trading account and find the AMT stock;
- Step 2: Specify the dollar amount or the number of shares you want to buy;
- Step 3: Choose the order type (market order or limit order, depending on whether you want to buy the shares immediately or set a price range at which you are comfortable buying them in the future);
- Step 4: Review and execute the order.
Step 4: Monitor your investment
Consistent monitoring and well-informed decision-making are the keys to success. Therefore, try tracking market trends and assessing the performance of American Tower as often as possible.
You can follow investing advice, read up about recent market and company developments, assess American Tower’s financial performance, etc.
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American Tower stock price today
Pros and cons of investing in American Tower Corporation
Pros
- Global presence: American Tower is the largest cell tower REIT with a strong global presence;
- Demand for telecommunications infrastructure: The need for good signal coverage is growing, both in urban and remote areas;
- Dividends: REITs, including American Tower, are obligated by law to redistribute a lot of their income as dividends.
Cons
- Interest rates: Like all REITs, American Tower can be sensitive to changes in interest rates;
- Capital-intensive sector: Communication infrastructure is highly expensive, so REITs have to allocate a lot of their revenue to maintain it;
- Competition: American Tower might be the largest REIT of its type, but it still faces competition from other companies.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about American Tower stock
Is AMT a good buy?
American Tower stock is a solid buy for those looking to invest in cell tower REITs.
Where to buy American Tower Corporation stock?
You can buy AMT shares on online stock trading platforms such as eToro.
What is the symbol of America Tower Corporation?
The American Tower Corporation ticker is AMT.
Does American Tower Corporation pay dividends?
Yes, American Tower Corporation does pay dividends. As of January 2024, the annual American Tower dividend yield is 3.34%.
Can I purchase stock directly through American Tower?
No, American Tower does not have a direct stock purchase plan.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
