NYSE:CCISpecialized REITs
Is Crown Castle (CCI) Offering Value After Short Term Rebound And Multi Year Slump
If you are wondering whether Crown Castle stock is priced attractively right now, the recent mix of short term gains and longer term weakness makes the valuation story especially interesting.
The share price closed at US$89.10, with returns of 3.4% over 7 days and 5.1% over 30 days. Year to date the stock is up 0.5%, but down 12.3% over 1 year, 10.2% over 3 years and 38.1% over 5 years.
Recent headlines have focused on Crown Castle's position within U.S. telecom infrastructure and how...