American Tower (AMT) Stock Could Still Be A Bargain Following A 22% Run

American Tower has delivered a mixed ride for holders in recent years, and the recent share price around US$188.97 puts fresh focus on whether that level is supported by the cash the business can generate. For anyone looking at the stock today, the real issue is how that current quote lines up against an intrinsic value estimate grounded in its future cash flows. The share price has returned 22.1% over the past 3 years, which puts meaningful weight on whether those gains are backed by the...