November 24, 2014 11:43 AM | 1 min read |
American Tower (NYSE: AMT) has acquired 6,480 towers from Brazil-based
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
(NYSE: TSU) for $1.2 billion on Friday. American Tower also announced the acquisition of over 4,800 towers from Bharti Airtel in Nigeria.Simon Flannery of Morgan Stanley commented in a note to clients on Monday morning that the acquisition reinforces the company's commitments to international operations, but limits the company's domestic opportunities in the near term.The analyst notes that during the third quarter American Tower generated approximately eight percent of its total revenue from Brazil, a market that has been “strong” for tower operators. However, with the recent auction of 700 MHz spectrum and the upcoming 2016 Olympics in Brazil, the potential for carrier consolidation and restructuring at Nextel International remains an “overhang.”Shares were reiterated with an Equal-weight rating with a price target raised to $108 from a previous $105.
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