Previous close | 225.50 |
Open | 227.18 |
Bid | 0.00 x 1000 |
Ask | 0.00 x 1300 |
Day's range | 226.18 - 232.89 |
52-week range | 220.00 - 303.72 |
Volume | |
Avg. volume | 1,983,308 |
Market cap | 106.159B |
Beta (5Y monthly) | 0.48 |
PE ratio (TTM) | 40.32 |
EPS (TTM) | N/A |
Earnings date | N/A |
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.