Here's How Much $1000 Invested In American Tower 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, American Tower (NYSE:AMT) has produced an average annual return of 14.78%, outperforming the market by 7.21% annually. With a current market capitalization of $90.27 billion, a $1000 investment in AMT 20 years ago would be worth $15,755.90 today.
February 09, 2024 | 2:00 pm
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American Tower has shown significant long-term growth, with a $1000 investment 20 years ago now worth $15,755.90, reflecting an annual return of 14.78%.
The article highlights American Tower's strong performance over the past 20 years, significantly outperforming the market. This historical performance, coupled with its substantial market capitalization, suggests a positive outlook for AMT's stock in the short term, as investors may be drawn to its proven track record of returns.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100