Crown Castle (CCI)

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In Search of Some Inflation Protection? Check Out These Considerations
By: Mary Ellen McGonagle | December 17, 2021

WEEKLY CHART OF CROWN CASTLE INT'L CORP. (CCI)



Last up is an infrastructure REIT focused on cell towers and fiber optic networks in the U.S. With carriers building out their 5G networks, companies such as Crown Castle (CCI) are providing new tower sites and equipment that's providing rural areas with mobile services.

Crown Castle sees a decade-long investment cycle in 5G and, because of that, the company estimates that they can grow their dividend at a 7%-8% annual rate over the long term. CCI is poised to break out of a 5-month base at $205 and, with its MACD crossing from a low level on its weekly chart, the stock is poised to trade higher.

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