Canaccord Genuity on Telecommunications: Looking At The Defense...Towers
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Rating Summary:
52 Buy, 12 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
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Canaccord Genuity on Telecommunications: Looking At The Defense
Analyst, Greg Miller said, "With a series of seemingly minor data points over the past couple weeks, we believe it remains prudent for investors to adopt a more defensive approach to the US communications services sector until it is clear that enterprise recovery is taking hold and that the proliferation of iPhone (Nasdaq: AAPL) distribution channels doesn’t cause carrier fundamentals to deteriorate. We continue to favor American Tower (NYSE: AMT)(Buy), Crown Castle (NYSE: CCI)(Buy), SBA Communications (Nasdaq: SBAC)(BUY) and Equinix (Nasdaq: EQIX)(BUY), and we even believe Verizon (NYSE: VZ)(HOLD) and AT&T (NYSE: T)(HOLD) offer investors a degree of safety with a stable dividend."
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Analyst, Greg Miller said, "With a series of seemingly minor data points over the past couple weeks, we believe it remains prudent for investors to adopt a more defensive approach to the US communications services sector until it is clear that enterprise recovery is taking hold and that the proliferation of iPhone (Nasdaq: AAPL) distribution channels doesn’t cause carrier fundamentals to deteriorate. We continue to favor American Tower (NYSE: AMT)(Buy), Crown Castle (NYSE: CCI)(Buy), SBA Communications (Nasdaq: SBAC)(BUY) and Equinix (Nasdaq: EQIX)(BUY), and we even believe Verizon (NYSE: VZ)(HOLD) and AT&T (NYSE: T)(HOLD) offer investors a degree of safety with a stable dividend."
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