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American Tower Shares Up 20.5% Since SmarTrend's Buy Recommendation (AMT)
[April 11, 2012]

American Tower Shares Up 20.5% Since SmarTrend's Buy Recommendation (AMT)

Apr 11, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for American Tower (NYSE:AMT) on August 29th, 2011 at $52.37. In approximately 8 months, American Tower has returned 20.47% as of today's recent price of $63.09.

American Tower share prices have moved between a 52-week high of $64.55 and a 52-week low of $46.04 and are now trading 37% above that low price at $63.11 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

American Tower Corporation owns, operates, and develops wireless communications and broadcast towers in the United States. The Company leases antennae sites on multi-tenant towers for a diverse range of wireless communications industries, including personal communications services, paging, and cellular. American Tower also offers a variety of network development services.


SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of American Tower shares.Log in and add American Tower (AMT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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