3 Reasons to Buy Crown Castle Hand Over Fist
Crown Castle International (NYSE: CCI) has been making money for a long time and is positioning itself to take advantage of new mobile communications trends and territory that promise to keep delivering profits to investors for years to come.
And right now, this real estate investment trust (REIT) is beaten down, off about 25% this year like the market in general, hurt perhaps by some analyst ambivalence and perception of this as a technology stock. To me, this is an infrastructure play with plenty of life and is now a particularly attractive buy.
That's from my perspective as a recent retiree with a predilection for REITs for the equities portion of my portfolio -- or as I also call it, "life's savings" -- for their income and growth potential. Here are three reasons why I'm comfortable buying Crown Castle stock hand over fist.
Source Fool.com
