American Tower Corporation (NYSE: AMT) is considered one of the best 5G stocks to buy now, focusing on strategic priorities like development and business stability. The company exceeded Q2 estimates, raised guidance on 5G rollout, and reported $2.63 billion in revenue. AMT is a key player in data centers and telecommunications, with over 221,000 properties globally.

AMT’s inorganic expansion is progressing in areas like 5G, where major carriers have varying completion rates for upgrades. The company raised its full-year property revenue outlook to $10.29 billion and reported second-quarter revenue of $2.63 billion, exceeding expectations. AMT is a real estate investment trust based in Boston, essential for the development of fiber-optic networks linking 5G small cell sites.

While AMT shows investment potential, certain AI stocks may offer greater upside and less downside risk. For those interested in undervalued AI stocks and the benefits of Trump-era tariffs, consider exploring other investment opportunities. This article was originally published on Insider Monkey.

Read more at Yahoo Finance: American Tower (AMT) Exceeds Q2 Estimates, Raises Guidance on 5G Rollout and Currency Gains