Fisher Investments Promotes American Tower Stock Amid Data Center Growth
What happened
Fisher Investments promoted American Tower Corporation stock. The report highlighted the data center sector, noting that demand from AI and cloud customers is driving growth for companies like CoreSite and Equinix. American Tower Corporation owns over 148,000 communications tower sites and runs heavily interconnected US data centers.
From aol.com
Why it matters
The sector is characterized by US-listed REITs collecting rent on data center infrastructure. Equinix management projects annual AFFO per share growth between 9% and 12% from 2027 through 2029, with dividend growth expected to match that pace.
From aol.com
Who's involved
- Fisher InvestmentsPromoted American Tower Corporation stock
- CoreSiteOperates within the data center sector
- EquinixProvides data center and colocation infrastructure
- American Tower CorporationOwns communications tower sites and operates US data centers
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.Keep exploring
The entities involved
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Fisher Investments
Founded in 1979 by Ken Fisher, Fisher Investments is a fee-only investment adviser serving financially successful individuals & prominent institutions globally.
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CoreSite
American data center provider
Nothing else this week.
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Equinix
data center and colocation infrastructure provider