Wednesday, July 23, 2014

Hot Mid Cap Companies To Watch In Right Now

"And, by the way, the bulk of the billions in Berkshire Hathaway has come from the better businesses. ... And most of the other people who've made a lot of money have done so in high-quality businesses."
-- Charlie Munger�

At Tier 1 Investments, a Motley Fool Real-Money Portfolio, I seek out and invest in elite businesses. These include companies with the most valuable brands, best management, superior products and services, and strongest competitive advantages. This strategy has proved to be very effective, with Tier 1 returning 49% since its inception nearly two ago, which has outperformed the S&P 500 by nearly five percentage points during that time.

But I also appreciate the power of dividend growth when it comes to earning market-beating returns. In fact, a study by C. Thomas Howard published in Advisor Perspectives found that for every percentage point a stock's yield rises, its annual return increases by 0.22 percentage points if it's a large cap, 0.25 if it's a mid cap, and 0.46 if it's a small cap. Even better, Howard found that dividend-growing stocks outperformed dividend cutters by 10 percentage points per year from 1973 to 2010 and beat both flat- and no-dividend stocks. And the icing on the cake is that Howard showed that this outperformance came with a third less volatility. Higher returns, less volatility-induced stress, and a steadily growing income stream -- three powerful aspects of dividend growth investing that can help you grow your wealth.

Top 5 Healthcare Equipment Stocks To Buy Right Now: Tropicana Entertainment Inc (TPCA)

Tropicana Entertainment Inc. (TEI) is an owner and operator of regional casino and entertainment properties located in the United States and one casino resort development located on the island of Aruba. TEI�� United States properties include three casinos in Nevada, three casinos in Mississippi, and one casino in each of Indiana, Louisiana and New Jersey. Its properties offer a range of gaming options. TEI�� properties include Tropicana AC in the East; Casino Aztar in Central; Tropicana Laughlin, River Palms and MontBleu in the West; Lighthouse Point, Jubilee, Belle of Baton Rouge, Horizon Vicksburg and Tropicana Aruba in the South and Other.

Tropicana AC

Tropicana Casino and Resort, Atlantic City (Tropicana AC) is situated on a 14-acre site with approximately 660 feet of ocean frontage in Atlantic City, New Jersey. In addition to gaming facilities, the property features The Quarter, a Havana-themed, Las Vegas-style, approximately 200,000 square-foot indoor entertainment and retail center, hosting several restaurants, shops and an IMAX theatre. Other amenities include a 2,000-seat showroom, a full service spa and salon, a health club and indoor pool, a beach and pool bar and approximately 99,000 square feet of meeting and convention space.

Casino Aztar

Casino Aztar Evansville (Casino Aztar) is a casino hotel and entertainment complex in the state of Indiana. Over 60% of Casino Aztar's revenues come from customers within a 50-mile radius. The property's casino operations are located dockside on the three-deck City of Evansville riverboat. Located adjacent to the casino, the Company owns two distinctive hotels: the Casino Aztar Hotel, a 251-room hotel that offers guests a restaurant, conference rooms and banquet facilities; and Le Merigot Hotel, a luxurious 96-room boutique hotel with an upscale martini lounge. A 44,000-square-foot pavilion adjacent to the riverboat features three restaurants, an entertainment lounge, gift shop, coffee shop, pla! yers club and VIP lounge. The District at Casino Aztar includes two restaurants and the Le Merigot Hotel. Casino Aztar also includes a seven-story parking garage, as well as surface parking.

Tropicana Laughlin

Tropicana Laughlin Hotel and Casino (Tropicana Laughlin) is located on an approximately 31-acre site on Casino Drive, Laughlin. The casino at Tropicana Laughlin features a gaming floor. Non-gaming amenities include a heated outdoor swimming pool, seven restaurants, three full service bars, an entertainment lounge with live music, a lounge for high-end players, an 800-seat multi-purpose showroom and concert hall, meeting space, retail stores, an arcade and a covered parking structure. The property features 1,495 hotel rooms.

River Palms

River Palms Hotel and Casino (River Palms) is located on an approximately 35-acre site also on Casino Drive, with approximately 1,300 feet of frontage on the Colorado River. Non-gaming amenities include 1,001 hotel rooms, 10,500 square feet of meeting and convention space, an outdoor pool, fitness center, three restaurants, three full service bars, a showroom, two entertainment lounges with live music and a covered parking structure.

MontBleu

MontBleu Casino Resort & Spa (MontBleu) is situated on approximately 21 acres in South Lake Tahoe, Nevada surrounded by the Sierra Nevada Mountains. In addition to the casino, the property offers guests a choice of three restaurants and various non-gaming amenities, including retail shops, two nightclubs, a 1,500-seat showroom, approximately 14,000 square feet of meeting and convention space, a parking garage, a full service health spa and workout area, an indoor heated lagoon style pool with whirlpool and a 120-seat wedding chapel.

Lighthouse Point

Lighthouse Point Casino (Lighthouse Point) is a 210-foot, three-deck, dockside riverboat located in Greenville, Mississippi. In addition to slot machines, the riverboat inc! ludes a d! eli and bars on each floor while the dockside facility includes a buffet, a bar and 386 onsite surface parking spaces.

Jubilee

Bayou Caddy's Jubilee Casino (Jubilee), a 240-foot dockside riverboat, is located in Greenville. In addition to the casino facilities, the property includes a bar on each floor, a deli and approximately 700 parking spaces. The property also owns and operates the Greenville Inn & Suites, a 41-room suite hotel located less than a mile away, which offers free shuttle service to and from Jubilee and Lighthouse Point.

Belle of Baton Rouge

Belle of Baton Rouge Casino & Hotel (Belle of Baton Rouge) is a dockside riverboat situated on approximately 23 acres on the Mississippi River in the downtown historic district of Baton Rouge, across from the River Center, a 70,000-square-foot convention center. The three-deck, dockside riverboat casino is one of two casino facilities in the Baton Rouge market. Baton Rouge is located 75 miles north of New Orleans. Non-gaming amenities include 300 hotel rooms, 25,000 square feet of meeting and convention space, an outdoor pool, a fitness center, two restaurants, a deli, and an entertainment venue inside a 50,000-square-foot glass atrium that also encloses a tropical lobby.

Horizon Vicksburg

Horizon Vicksburg Casino (Horizon Vicksburg) is a dockside riverboat situated on approximately six acres in downtown Vicksburg, Mississippi. The property features a 297-foot multi-level, antebellum style, dockside riverboat casino housing. Additional amenities include 117 hotel rooms, a restaurant, two covered parking garages as well as additional surface parking. In December 2010, the Company entered into an agreement to sell all of the assets and certain liabilities associated with the operation of Horizon Vicksburg.

Tropicana Aruba

The Company operates timeshare and rental units at Tropicana Aruba Resort & Casino (Tropicana Aruba), a casino resort und! er develo! pment in Noord, Aruba. This resort will have approximately 361 timeshare and rental units, an approximately 16,000 square foot permanent casino, two pools, a swim-up bar & grill, a fitness center and tennis courts, which will be located on approximately 14 acres near Eagle Beach.

Advisors' Opinion:
  • [By Igor Greenwald]

    A majority stake in casino operator Tropicana Entertainment (TPCA) also began with a Chapter 11 restructuring.

    From January 1, 2000 to June 10, 2013, Icahn Enterprises has averaged a 20% annual return, multiplying investors' money nearly 12-fold. Berkshire-Hathaway (BRK-B) has managed only a triple over the same span.

Hot Mid Cap Companies To Watch In Right Now: BioMarin Pharmaceutical Inc.(BMRN)

BioMarin Pharmaceutical Inc. develops and commercializes biopharmaceuticals for serious diseases and medical conditions in the United States, Europe, Latin America, and rest of the world. The company?s commercial products include Naglazyme, a recombinant form of N-acetylgalactosamine 4-sulfatase enzyme used for the treatment of mucopolysaccharidosis (MPS) VI; Kuvan, a proprietary synthetic oral form of 6R-BH4 used to treat patients with phenylketonuria (PKU), a metabolic disease; Aldurazyme used for the treatment of mucopolysaccharidosis I, a genetic disease; and Firdapse used to treat Lambert Eaton Myasthenic Syndrome, an autoimmune disease. It develops GALNS, an enzyme replacement therapy for the treatment of MPS IVA, a lysosomal storage disorder; PEG-PAL, an enzyme substitution therapy that is under Phase II clinical trial to treat PKU; BMN-673, a Phase I/II clinical trial product for the treatment of cancer; BMN-701, an enzyme replacement therapy, which is under Phase I/II clinical trials for Pompe disease, a glycogen storage disorder; and BMN-111, a peptide therapeutic that is under Phase I clinical trial for the treatment of achondroplasia. The company sells its Naglazyme, Kuvan, and Firdapse products to specialty pharmacies and end-users, such as hospitals and foreign government agencies, which act as retailers; and Naglazyme products to distributors and pharmaceutical wholesalers. It has a collaboration agreement with Genzyme Corporation for the manufacture of Aldurazyme; and an agreement with Merck Serono S.A. for the further development and commercialization of Kuvan and other products containing 6R-BH4 and PEG-PAL for PKU. BioMarin Pharmaceutical Inc. was founded in 1996 and is headquartered in Novato, California.

Advisors' Opinion:
  • [By Ben Levisohn]

    Somaiya and team named Gilead and�Neurocrine Biosciences (NBIX) their top picks, hile putting Buy ratings on Celgene, Biogen Idec, Alexion (ALXN), Incyte (INCY), Pharmacyclics (PCYC) and Synageva (GEVA). BioMarin (BMRN), Infinity Pharmaceuticals (INFI) and Amgen (AMGN) earned Neutral ratings.

  • [By George Budwell]

    Will BioMarin be the next orphan drugmaker to be bought out?
    Over the last decade, BioMarin Pharmaceutical (NASDAQ: BMRN  ) has become one of the top orphan drug specialists, making it a frequent visitor to the buyout rumor mill. Roche (NASDAQOTH: RHHBY  ) was previously named as an interested party, but the company's CEO squashed that rumor, saying BioMarin was too expensive.

  • [By Lauren Pollock]

    BioMarin Pharmaceutical Inc.(BMRN) said a U.S. Food and Drug Administration advisory panel recommended approval of the company’s enzyme-replacement therapy for patients with a rare inherited disorder that can hinder growth. In premarket trading, shares rose 5.7% to $70.75.

Hot Mid Cap Companies To Watch In Right Now: Cenkos Securities PLC (CNKS)

Cenkos Securities plc (Cenkos) is an independent, specialist institutional securities group, focused on growth companies and investment funds. The Company�� principal activities comprise of corporate broking and advisory and institutional equities. Corporate Broking and Advisory segment reflects the corporate finance, corporate broking and market making services provided to growth companies and investment funds. Institutional Equities segment reflects the institutional equities team who provide research-driven investment recommendations and execution capabilities to institutional clients. Cenkos earns fees from primary and secondary equity fund raising, acting as a key intermediary between growth companies or investment funds and institutional providers of capital. Revenue in Corporate Broking and Advisory segment is made up of placing commissions on fund raisings, corporate finance fees and retainer income, market making profits and commissions on secondary market transactions. Advisors' Opinion:
  • [By Trista Kelley]

    Cenkos Securities Plc (CNKS) is running the spinoff and the share sale. Royal DSM NV (DSM), the world�� largest maker of vitamins, holds about 9 percent of SiS, while U.K. venture-capital trust Downing LLP owns 16.7 percent, Moon said. Provexis stockholders received one share of Science in Sport for every 100 shares of Provexis.

Hot Mid Cap Companies To Watch In Right Now: Nissan Motor Co Ltd (NSANY)

Nissan Motor Co., Ltd. is engaged in the manufacturing, sales and related business of automotive products, industrial machinery and marine equipment. The Company has two business segments: automobile and sales financing. The automobile segment is engaged in the passenger cars, trucks, buses, forklifts, manufacturing parts for oversea production. The sales financing segment is engaged in credit, lease. The Sales financing segment consists of Nissan Financial Services Co., Ltd. (Japan), Nissan Motor Acceptance Corporation (USA), NR Finance Mexico S.A. de C.V. SOFOM E.N.R (Mexico) and other seven companies, totaling 10 companies, and sales finance operations of Nissan Canada Inc. (Canada).

The Company has four production bases in Japan, United States, Spain, and Sweden, producing approximately 30,000 units annually for distribution in 85 countries. The Company has geographic operations in various countries, which include North America, Europe and Other. North America consists of The United States of America, Canada, and Mexico; Europe consists of France, The United Kingdom, Spain and other European countries, and Other, which includes Asia, Oceania, the Middle East, Central and South America excluding Mexico, and South Africa.

Advisors' Opinion:
  • [By MARKETWATCH]

    LOS ANGELES (MarketWatch) - Japanese stocks chugged higher early Thursday, finding support after a record close for the S&P 500 Index (SPX) and by strengthening in the U.S. dollar versus the yen. The Nikkei Stock Average (JP:NIK) rose 0.5% to 15,888.56, and the broader Topix tacked on 0.6%, with gains also coming after Japanese core machinery orders surpassed expectations. Among exporters, Sharp Corp. (JP:6753) (SHCAF) surged 4.7%, Pioneer Corp. (JP:6773) (PNCOF) picked up 3.1% and Nissan Motor Co. (JP:7201) (NSANY) gained 2.4%. Shares of Tokyo Electric Power Co. (JP:9501) (TKECF) were higher by 2% following government approval of the power firm's turnaround plan.

  • [By WWW.DAILYFINANCE.COM]

    Haruyoshi Yamaguchi/Bloomberg via Getty ImagesCarlos Ghosn, chairman and chief executive officer of Nissan Motor Co. YOKOHAMA, Japan -- Nissan expects profit to grow at a slower rate than analysts forecast this year and an operating margin that would be the lowest of its compatriots, weighed down by the costs of aggressive expansion. Japan's second-largest automaker expects a 4.1 percent rise in net profit for the year to next March, boosted by sales of low-priced Datsun cars in emerging markets and growth in China, the world's largest auto market. Nissan Motor (NSANY) also forecast an operating profit margin of 5 percent for this financial year, up 0.2 percentage point from last year but still well below Toyota Motor's (TM) forecast 8.9 percent and Honda Motor's (HMC) projected 6 percent. "We were expecting Nissan's guidance to fall short of analyst expectations and it seems it has turned out to be true. We think Nissan will be having a hard time, unlike some of its competitors," said a trader at a European asset management advisory firm. Nissan forecast 405 billion yen ($3.98 billion) in net profit for the year ending March 2015, compared with the 425.4 billion yen mean estimate of 21 analysts polled by Thomson Reuters I/B/E/S. Like its Japanese rivals, Nissan said that foreign exchange moves will become a negative factor for its earnings this year after providing a major boost last year, when the weakening yen substantially increased the value of its overseas earnings. Currency moves are expected to cut Nissan's operating profit by 55 billion yen for 2014/15, after providing a 247.6 billion yen boost the year before. Nissan forecast a rise in its global market share this fiscal year to 6.7 percent from last year's 6.2 percent, although the automaker has promised to emphasize profitability over market share after heated expansion increased its costs and depressed profit margins. Nissan is currently increasing manufacturing capacity in Thailand, C

  • [By Associated Press]

    DETROIT (AP) -- Nissan (NASDAQOTH: NSANY  ) is recalling more than 19,000�Nissan�and Infiniti SUVs because a brake part can fail and make it harder for the driver to stop the car.

Hot Mid Cap Companies To Watch In Right Now: CTI Industries Corporation (CTIB)

CTI Industries Corporation develops, manufactures, and supplies flexible film products for novelty, packaging and container, and custom product applications worldwide. The company offers novelty products that comprise foil balloons, such as Superloons, Ultraloons, Miniloons, Card-B-Loons, Shape-A-Loons, and mini shapes; latex balloons under the Partyloons name; and toy balloon products consisting of punch balls, water bombs, animal twisties, and other inflatable toy items. It also provides flexible containers for home and consumer use for the storage and preservation of food and personal items, including devices for sealing and evacuating air from such containers; and packaging films and custom film products used for food, and other packaging and commercial applications. In addition, the company offers pouches and bags comprising valved and re sealable pouches for the storage of household items; vacuum sealable bags for food storage; re sealable and valved bags for the sto rage and vacuum sealing of food items in the house under the ZipVac brand; and open-top pouches, under the ZipLoc name, for use with vacuum sealing machines to vacuum seal, and store food and household items. It primarily serves various retail outlets, including general merchandise, discount and drugstore chains, grocery chains, card and gift shops, and party goods stores, as well as florists and balloon decorators through a network of distributors and wholesalers, and independent sales representatives. CTI Industries Corporation was founded in 1975 and is headquartered in Lake Barrington, Illinois.

Advisors' Opinion:
  • [By Monica Gerson]

    CTI Industries (NASDAQ: CTIB) is estimated to report its Q1 earnings at $0.02 per share on revenue of $15.75 million.

    URS (NYSE: URS) is projected to post its Q1 earnings at $0.68 per share on revenue of $2.68 billion.

Hot Mid Cap Companies To Watch In Right Now: Exone Co (XONE)

The ExOne Company, incorporated on December 21, 2012, is engaged in manufacturing and selling three-dimensional (3D) printing machines and printing products to specification for its customers using its in-house 3D printing machines. The Company provides 3D printing machines, 3D printed products and related services to industrial customers in the aerospace, automotive, heavy equipment, energy/oil/gas and other industries. It offers pre-production collaboration and print products for customers through its production service centers (PSCs), which are located in the United States, Germany and Japan. On January 1, 2013, the Company merged its predecessor company, The Ex One Company, LLC, with and into EXO Acquisitions Inc., which changed its name to The ExOne Company.

The Company produces an array of materialization systems to support a range of customer needs and facility requirements. It offers two printers on the world market for 3D printing of sand and metal materials, offering build sizes as large as 1800 x 1000 x 700 mm (70 x 39 x 27 in.) for sand and 780 x 400 x 400 mm (30.7 x 15.75 x 15.75 in.) for metal. It also offers Orion short pulse laser systems, utilizing a five-axis machine tool with four additional axes available on the trepanning head. The Company builds 3D printing machines at its facilities in the United States and Germany. The Company also supplies the associated products, including consumables and replacement parts, and services, including training and technical support, necessary for purchasers of its machines to print products. The Company�� 3D printing machines are able to manufacture casting molds and cores from specialty silica sand and ceramics, which are the traditional materials for these casting products.

The Company competes with 3D Systems Corporation, Stratasys Inc., Solidscape, Inc. and Objet Ltd., EOS Optronics GmbH, EnvisionTEC GmbH, and Solid Model Ltd.

Advisors' Opinion:
  • [By Sue Chang and Ben Eisen]

    Shares of Voxeljet AG (VJET) , a German 3D printing technology company, soared 122% on their first day of trading. Voxeljet priced 6.5 million shares at $13 each. Shares of other 3D printing companies also rose, with ExOne Co. (XONE) �2.9% higher, Stratasys Ltd. (SSYS) �up 1.1% and 3D Systems Corp. (DDD) edging up less than 0.1%.

  • [By Chris Preston]

    A third recent IPO that could be a strong long-term play is ExOne (XONE). ExOne supplies three-dimensional (3-D) printing machines and products to industrial customers.

  • [By Alex Planes]

    Stratasys could print a plastic-based robot with articulated joints. Other printers, particularly the largest variants from 3D Systems (NYSE: DDD  ) and most of ExOne's (NASDAQ: XONE  ) small product line, can print in metal, rubber, ceramic, and an increasingly diverse range of materials -- enough variety to create a functional robot. These companies may not even be necessary, as iRobot (NASDAQ: IRBT  ) recently filed a patent for a self-assembling 3-D printing robot manufacturing machine. All of these companies present some sort of opportunity to create a 3-D printed robot, but none of them can provide the brains. That's where Xerox's chiplets come in.

  • [By Roberto Pedone]

    My first earnings short-squeeze play is three-dimensional printing machines and printed products provider ExOne (XONE), which is set to release numbers on Tuesday after the market close. Wall Street analysts, on average, expect ExOne to report revenue of $9.33 million on a loss of 6 cents per share.

    The current short interest as a percentage of the float for ExOne is extremely high at 30.4%. That means that out of the 6.78 million shares in the tradable float, 2.15 million shares are sold short by the bears. This is a huge short interest on a stock with a very small tradable float. Any bullish earnings news could easily spark a monster short-squeeze for shares of XONE post-earnings.

    From a technical perspective, XONE is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock has been uptrending strong for the last six months, with shares moving higher from its low of $24.13 to its recent high of $75.37 a share. During that move, shares of XONE have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of XONE within range of triggering a major breakout trade post-earnings.

    If you're bullish on XONE, then I would wait until after its report and look for long-biased trades if this stock manages to break out above some near-term overhead resistance levels at $69.84 a share its all-time high at $75.37 a share with high volume. Look for volume on that move that registers near or above its three-month average volume of 673,550 shares. If that breakout triggers, then XONE will set up to enter new all-time high territory, which is bullish technical price action. Some possible upside targets off that breakout are $85 to $95 a share.

    I would simply avoid XONE or look for short-biased trades if after earnings it fails to trigger that breakout, and then drops back below some key near-term support at $65 a share with high volume.

Hot Mid Cap Companies To Watch In Right Now: American Tower Corp (AMT)

American Tower Corporation is a holding company. The Company conducts its operations through its directly and indirectly owned subsidiaries and joint ventures. It is a wireless and broadcast communications infrastructure company that owns, operates and develops communications sites. Its primary business includes leasing antenna space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a number of other industries. This business is its rental and management operations, which accounted for approximately 98% of its total revenues during the year ended December 31, 2011. It also offer tower-related services domestically, including site acquisition, zoning and permitting services and structural analysis services, which primarily support its site leasing business and the addition of new tenants and equipment on its sites. In January 2012, the Company merged with and into American Tower REIT, Inc.

During 2011, the Company acquired additional 125 communications sites from Telefonica Colombia. On February 1, 2011, the Company acquired 140 communications sites from VTR Banda Ancha (Chile) S.A. and its affiliates. On December 30, 2011, the Company purchased 100% interest of a subsidiary of Telefonica Moviles Chile S.A. that owned 558 communications sites. On December 14, 2011, the Company acquired control of an additional 76 existing communications sites from Cell C. On March 1, 2011, the Company acquired 100% interest of a company that owned 627 communications sites in Brazil. During 2011, the Company acquired a total of 179 communications sites and equipment in the United States. In December 2011, it announced the launch of operations in Uganda.

In the United States during 2011, the Company included the acquisition and construction of approximately 430 towers, the acquisition of approximately 2,150 property interests, the installation of approximate! ly 40 in-building and outdoor DAS networks and the installation of approximately 680 shared generators on its sites. During 2011, it expanded its international footprint, as it acquired and constructed approximately 3,230 communications sites in two new countries, Ghana and South Africa. During 2011, it also included the acquisition and construction of approximately 6,770 communications sites in its markets in Brazil, Chile, Colombia, India and Mexico. In addition, during 2011, it also acquired property interests, which it leases to communications service providers and third-party tower operators under approximately 1,810 communications sites.

As of December 31, 2011, there were approximately 21,320 towers domestically and approximately 23,900 towers internationally. The Company�� portfolio also includes approximately 260 DAS networks, which it operates in malls, casinos and other in-building applications, and select outdoor environments. In addition to the communications sites in its portfolio, the Company manages rooftop and tower sites for property owners. It also holds property interests, which is leases to communications service providers and third-party tower operators under approximately 1,810 communications sites. It conducts its international operations through its subsidiary, American Tower International, Inc., which in turn conducts operations through its various international operating subsidiaries and joint ventures. Its international operations consist of its operations in Brazil, Chile, Colombia, Ghana, India, Mexico, Peru and South Africa. It holds and operates certain of its assets through one or more taxable REIT subsidiaries (TRSs).

Rental and Management Operations

During 2011, the Company�� rental and management operations accounted for approximately 98% of its total revenues. Its tenants lease space on its communications site infrastructure, where they install and maintain their individual communications network equipment. The Company�� r! evenue is! primarily generated from tenant leases, and the annual rental payments. Its tenant leases are non-cancellable and have annual rent escalations. Its domestic rental and management segment consists of its nationwide network of communications sites that enables the Company to address the needs of national, regional, local and emerging communications service providers in the United States. Its domestic rental and management segment also includes property interests, which it leases to communications service providers and third-party tower operators. During 2011, its domestic rental and management segment accounted for approximately 72% of its total revenues.

The Company�� international rental and management segment consists of communications sites in Brazil, Chile, Colombia, Ghana, India, Mexico, Peru and South Africa. During 2011, its international rental and management segment accounted for approximately 26% of its total revenues. The Company�� rental and management operations include the operation of wireless and broadcast communications towers and DAS networks, rooftop management and the leasing of property interests. It owns and operates communications towers in the United States, Brazil, Chile, Colombia, Ghana, India, Mexico, Peru and South Africa. During 2011, approximately 98% of revenue in its rental and management segments was attributable to its communications towers.

The Company leases space on its communications towers to tenants providing a diverse range of communications services, including personal communications services, cellular, broadcasting, enhanced specialized mobile radio, worldwide interoperability for microwave access (WiMAX), paging and fixed microwave. Its domestic and international tenants include AT&T Mobility, Sprint Nextel, Verizon Wireless and T-Mobile USA, Iusacell (Mexico), Nextel International, Telefonica, MTN Group Limited and Vodafone. In addition to its communications sites, it also owns and operates DAS networks, provide communications s! ite manag! ement services to third parties and manage and/or lease property interests under carrier or other third-party communications sites.

The Company owns and operates approximately 260 DAS networks in malls, casinos and other in-building applications in the United States, Mexico and Brazil. It obtains rights from property owners to install and operate in-building DAS networks, and it grants rights to wireless service providers to attach their equipment to its installations. It also offers outdoor DAS networks as a complementary shared infrastructure solution for its tenants, and operates such networks in the United States. It provides management services to property owners in the United States. It obtains rights to manage a rooftop by entering into contracts with property owners pursuant to which it receives a percentage of occupancy or license fees paid by the wireless carriers and other tenants. It owns a portfolio of property interests in the United States under approximately 1,810 carrier or other third-party communications sites, which provides recurring cash flow under leasing arrangements.

Network Development Services

Through the Company�� network development services segment, it offers tower-related services domestically, including site acquisition, zoning and permitting services and structural analysis services, which primarily support its site leasing business and the addition of new tenants and equipment on its sites. During 2011, this segment accounted for approximately 2% of its total revenues. It engages in site acquisition services on its own behalf in connection with its tower development projects, as well as on behalf of its tenants. The Company offers structural analysis services to wireless carriers in connection with the installation of their communications equipment on its towers.

The Company competes with Crown Castle International Corp., SBA Communications Corporation, Indus Towers, Viom Networks and GTL.

Advisors' Opinion:
  • [By Eric Volkman]

    American Tower (NYSE: AMT  ) is about to put a few more coins into the pockets of its investors. The company has declared its latest quarterly dividend, which is $0.27 per share. This will be paid on July 16 to shareholders of record as of June 17. That amount is $0.01 higher than the firm's previous distribution; this was paid in late April. Prior to that, American Tower handed out $0.24 per share.

  • [By Anders Bylund]

    One of those rare significant moves comes from telecom giant AT&T (NYSE: T  ) , notching the Dow's second-largest gain with a 1.2% jump. AT&T just monetized its network of cellphone towers in a multibillion-dollar deal with Crown Castle International (NYSE: CCI  ) . The agreement follows (way, way behind) a similar deal between AT&T and American Tower (NYSE: AMT  ) made some 13 years ago, leaving Ma Bell with few directly owned and operated cell towers under its vest.

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