|Bid||0.00 x 1000|
|Ask||0.00 x 1300|
|Day's range||226.18 - 232.89|
|52-week range||220.00 - 303.72|
|Beta (5Y monthly)||0.48|
|PE ratio (TTM)||40.32|
|Forward dividend & yield||5.60 (2.41%)|
|Ex-dividend date||12 Apr 2022|
|1y target est||N/A|
Real estate investments have a long history in this country of moving independently of the stock market, which sounds like a pretty good thing right about now. Here's a good compromise: Consider buying some of the 225 or so publicly traded real estate investment trusts (REITs). REITs also come in a variety of flavors, offering the opportunity to pick and choose among sectors that you deem to be the most promising now and going forward.
Perhaps American Tower (NYSE: AMT) and Crown Castle International (NYSE: CCI) should switch names. Both have right around 40,000 towers in the U.S. And their total return in the past 10 years is essentially identical: 335% for American Tower to 334% for Crown Castle.
Studies show that imitating the top hedge fund managers, often called gurus, can lead to market-beating returns -- and, even better, without the heavy fees that those funds charge. Today we're going to look at the two real estate investment trusts (REITs) held in the Global X Top Guru Holdings Index ETF (NYSEMKT: GURU), which buys the top holdings of popular value hedge funds. American Tower is an infrastructure REIT that owns cell towers around the world.