We think the best of times for U.S. tower spending has already occurred.
It's the first one we'd look to in another market sell-off.
The communications services firm has growing profits and is generating significant free cash flow despite headwinds.
The firms that hold network-dense properties are best positioned.
No-moat CenturyLink looks cheap today--and yields nearly 9%.
Despite the short-term pain, the cut is good news for long-term investors.
CoreSite is our top pick, as rapidly growing data consumption continues to drive industry growth.
We expect good growth from all four data center firms we cover, with CoreSite being our favorite.
Revenue growth remains elusive for the no-moat firm.
Crown's fiber networks and small cell infrastructure don't benefit from the same competitive advantages as its traditional cellphone towers.