Crown Castle International (CCI) stock is staging a comeback after taking a much harder hit than the broader markets over these past several months. Shares are down 9.3% over the past three months, but have begun to bounce back modestly over the past week. Indeed, the telecom infrastructure real estate investment trust (REIT) play, which is best-known for leasing cell towers, is one of the most attractive defensives out there, with a solid growth profile, a hefty dividend yield (currently at 3.2%) and a low 0.4 beta.
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Crown Castle (NYSE:CCI)
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Crown Castle (NYSE:CCI)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Crown Castle Charts.