Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

This Cell Tower Stock Sees Tremendous Growth Ahead

TheMotleyFool

0 0

This Cell Tower Stock Sees Tremendous Growth Ahead: https://g.foolcdn.com/editorial/images/688014/a-person-in-the-internet-of-things.jpg

Crown Castle International (NYSE: CCI) presents the classic argument for a buy and hold: a strong company with a great track record in a growth market. And there are reasons to believe that growth could be particularly strong for this real estate investment trust (REIT).

In the past 10 years, a $10,000 investment in this major player in the cell tower industry would have grown to about $38,600 -- a compound annual growth rate of about 14.5% -- and it's currently yielding about 3.5% after raising its dividend for seven straight years.

Source Fool.com

Like: 0

CCI

Share