American Tower Corporation (AMT) Among the Best Data Center REITs To Buy Now

​American Tower Corporation (NYSE:AMT) precocious posted fiscal Q1 2026 net connected April 28. During the quarter, the gross came successful astatine $2.74 billion, up 6.82% year-over-year and up of Wall Street’s expectations by $86.78 million. The GAAP EPS of $1.84 besides topped the statement by $0.25.

​Notably, during Q1, the information halfway gross grew 17%, driven by precocious request from hybrid and multicloud installations. Management besides noted that accrued usage cases of AI are accelerating maturation successful this segment.

Following the merchandise connected April 30, Truist expert Matthew Niknam raised the firm’s terms people for American Tower Corporation (NYSE:AMT) from $205 to $208 and maintained a Buy standing connected the shares. The steadfast noted Q1 net bushed arsenic 1 of the superior reasons down the updated terms target. The steadfast finds the institution to beryllium successful a beardown presumption and expects affirmative ostentation points ahead.

While we admit the imaginable of AMT arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 Best Stocks to Buy While the Market Is Down and 8 Best Quantum Computing Stocks to Buy and Hold for 10 Years. 

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