Goldman Highlights American Tower (AMT) Diversification and Data Center Exposure

We presume sum of American Tower (AMT) with a Buy standing and a 12-month people terms of $215. American Tower is the starring planetary relation of operation assets.

AMT besides precocious resolved its Echostar declaration dispute, removing an estimated 2% of consolidated spot gross and 4% of US and Canada spot gross from its 2026 outlook. Despite this reduction, the steadfast inactive believes that AMT has a coagulated way to growth.

This optimism astir AMT's maturation is backed by its faster maturation successful planetary markets, its accelerating information halfway business, and cost-efficiency business.

In our view, AMT is the best-positioned banal successful the US operation radical fixed its diversified gross base, information halfway exposure, and superior allocation flexibility present that the company's leverage (4.9x arsenic of 1Q26) is wrong the company's people scope of 3-5x.

While chiefly a Real Estate Investment Trust (REIT) that owns and operates tens of thousands of compartment towers, American Tower Corporation (AMT) has been expanding its information halfway operations arsenic request tied to AI workloads and multicloud deployments increases.While we admit the imaginable of AMT arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.READ NEXT: 33 Stocks That Should Double successful 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.Disclosure: None. Follow Insider Monkey connected Google News.