Against this backdrop, another market crash might now seem inevitable.
Real estate investment trust American Tower currently owns and operates 187,000 communications real estate sites across 22 countries.
All of these are driving carriers to accelerate the pace of 5G network deployments, acquiring mid-band spectrum assets such as 2.5 gigahertz and C-band frequencies to expand coverage of the 5G network in urban and rural locations.
AMT is currently paying a quarterly dividend of $1.24 per share, which translates into a dividend yield of 1.85%.
AMT is trading at a TTM price-to-sales multiple of 14.48, which is not cheap — the average for REITs in the first quarter was 8.32.
As the adoption of e-commerce and digital transactions continues to accelerate, Visa expects an increase in consumer payments, be they credit or debit transactions.
The shift in consumer preferences toward digital experiences is also driving up demand for Visa’s value-added services, including secure payment platform Cybersource as well as risk management and authentication offerings.
As the pace of vaccinations accelerates and international travel recovers, Visa may see a significant jump in travel-related cross-border volumes in the next few months.
However, this is a company well-positioned to enjoy network effects and economies of scale in a recovering economy that is rapidly going digital.
As of May 13, the company operated 82 dispensaries and had sold its products to 2.5% of the total 500,000 registered patients in Florida.
After deal completion, which is expected in the third quarter, Trulieve will have 126 medical and recreational dispensaries in its portfolio targeting the burgeoning cannabis market in the southeast, west, and northeast U.S.
In the first quarter , revenues rose year-over-year by 102% to $194 million, adjusted EBITDA rose by 87% to $91 million, and net profits rose by 27% to $30 million.
Against a backdrop of solid top-line growth, profitability, and robust growth strategy, this company can prove to be a long-term winner for retail investors.