Strategy - Finding stocks that are unpopular on Wall Street and likely to outperform in the coming year.
Follow my Personal Portfolio of stocks with a goal of selling within one year.
Week of 13, May 2012 · Issue 894 © 2012 Pat O'Neil
Dow has retreated below 13000 again and the slow recovery continues. The Facebook IPO will be a distraction this week as it sets records for value.
Wherever you are in public, people are semi-present while working with their iPhones. Business and ALL social media NEEDS electronic communication devices and one part is GETTING A SIGNAL from wireless carriers. The carriers all need a high location to mount a sending device. One of them is:
American Tower (AMT $67), a leading independent global owner, operator of wireless communications sites. They have 39,000 signal sites worldwide. Profitable last 8 years. Sales growing 26% a year. Pays 84 cent dividend. Premium p/e of 51. Just raised 2013 profit expectation. 1414 mutual funds own 50% of the stock. Boss took over in 2001 after running Honeywell Aerospace division following a career in the US Air force. Twitter, Facebook, all business and governments must have wireless communication. Expect $100 b4 2016.