Real Estate Sector Ideas

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>>> American Tower is a real estate investment trust (REIT) that owns and operates cellular towers and the land on which they stand. Wireless providers and other telecoms rent space on American Tower's towers to mount equipment like antennas.

American Tower's share price has -- with few exceptions -- been steadily increasing over the last 10 years. That's in large part because American Tower's customers sign long-term inflation-adjusted contracts to mount their equipment on its towers, ensuring a steady stream of revenue regardless of economic conditions. And because those customers tend to be deep-pocketed telecommunications providers, the risk of default is very low. Indeed, you'd never know there was a recession this year to look at American Tower's 20% dividend hike and 10% revenue growth in the first half of 2020.

With the ongoing 5G rollout increasing demand for tower space, American Tower -- even at its current high share price -- seems like a better bet than oil to outperform over the long term.

https://www.fool.com/investing/2020/09/19/with-oil-crashing-again-these-3-stocks-are-buys/

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