Analysis of American Tower: Brilliant business model and great management at a high price

While it's not fun that the markets are down, it's great that we can buy some quality stocks at fantastic prices. And since buying great stocks at great prices is the foundation of any successful strategy, let's take advantage of the opportunities we're getting. Could one of them be American Tower Corporation $AMT, for example?

Background

American Tower is an American company founded in 1995 that specializes in owning and operating wireless towers and towers around the world. The company provides infrastructure for mobile operators, cable companies, internet providers and other telecommunications companies.

It is a company with a high market capitalization and stable earnings. The company has a strong market position due to its extensive portfolio of transmitters and towers that provide critical infrastructure for telecommunications companies. American Tower also has a strong international presence and operates in many countries around the…