American Tower Corp (NYSE:AMT) is ranked as a Strong Buy using the stock evaluator from Portfolio Grader, which incorporates Louis Navellier's investing methods. This represents no change from the previous week and is the same ranking AMT has had from Portfolio Grader for 2 months.
The company ranks in the top 10% of its industry group, Equity Real Estate Investment Trusts (REITs), and in the top 10% of its sector group, Real Estate, with a market value of $59.7 billion.
Portfolio Grader currently ranks the Real Estate sector number 8 among the 12 sectors in its universe putting it in the third quartile of all the GICS sectors. The Equity Real Estate Investment Trusts (REITs) industry group is ranked 52 among the 69 industry groups within the GICS sectors, placing it well below-average in terms of the Navellier scoring system.
AMT has earned well above-average scores in 3, and above-average scores in 2 of the 8 fundamental metrics used by Portfolio Grader in the ranking of company stocks.
The company's operational scores are a source of strength with a ranking for sales growth, operating margin and earnings growth that are discernibly above average. Scores for visibility of earnings are mixed, with rankings for earnings revisions and earnings momentum that are worse than average, while the score for earnings surprises is better than average. AMT's score for return on equity is strikingly better than its industry group average but its grade for cash flow is below-average. American Tower's fundamental scores give AMT a place in the top decile of the industry group.
Portfolio Grader quantitatively views AMT's shares using the Navellier Proprietary Quantitative Score. This metric looks at AMT's shares from the perspective of risk/reward. This unique scoring system assesses the relative value of the company's shares based on the current price of the shares relative to its peers, the market and risk associated with its industry and sector groups. Using this risk/reward calculation, AMT currently scores well above-average in its industry group compared to its peers.
Louis Navellier's proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results, with A being 'strong buy' and F being 'strong sell'. Explore the tool here.
Commentary provided by UpTick Data Technologies.