Is American Tower (AMT) One of the Best Dividend Stocks to Buy?

American Tower Corporation (NYSE:AMT) is one of the best dividend stocks in the real estate sector. On November 17, Vikram Malhotra, a Mizuho Securities analyst, was bullish on AMT. He assigned a Buy call on the stock with a price target of $203.

Moreover, the company announced its Q3 financial results on October 28. AMT reported moderate to high single-digit revenue and adjusted EBITDA growth, with per-share AFFO clocking in double-digit growth. The CEO, Steven Vondran, attributed this growth to skyrocketing data demand. There was also strong leasing activity in the United States and abroad, driven by carriers expanding coverage and capacity. In AMT’s data centers, hybrid-cloud momentum, robust pricing conditions, and rising AI workloads led to a strong quarter and the highest level of new retail leases the company has signed yet.

American Tower disclosed total liquidity of nearly $10.7 billion as of September 30, 2025, which consisted of $2 billion in cash and cash equivalents and about $8.7 billion via its revolving credit facilities, adjusted for letters of credit.

American Tower Corporation (NYSE:AMT) is one of the biggest REITs in the United States, which owns and manages communications real estate within the country and internationally. The company has thousands of communications sites and data center facilities in its real estate portfolio.

While we acknowledge the potential of AMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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