Is SBA Communications Corporation (SBAC) an Interest Rate Sensitive Company?

In its archetypal 4th 2025 capitalist letter, Andvari Associates emphasized stocks specified arsenic SBA Communications Corporation (NASDAQ:SBAC). SBA Communications Corporation (NASDAQ:SBAC) is an autarkic proprietor and relation of wireless communications infrastructure. The one-month instrumentality of SBA Communications Corporation (NASDAQ:SBAC) was -2.76%, and its shares gained 5.13% of their worth implicit the past 52 weeks.  On April 10, 2024, SBA Communications Corporation (NASDAQ:SBAC) banal closed astatine $212.20 per stock with a marketplace capitalization of $22.924 billion.

Andvari Associates stated the pursuing regarding SBA Communications Corporation (NASDAQ:SBAC) successful its Q1 2025 capitalist letter:

"Our holdings that person been astir delicate to involvement rates stay well-poised for outperformance. Our 2 compartment operation REITs—American Tower and SBA Communications Corporation (NASDAQ:SBAC)—have continued to trim their indebtedness and leverage ratios. Both person besides precocious accrued their quarterly dividend payments to shareholders. American Tower is astir notable successful this respect arsenic it paused dividend increases for a year."

Aerial presumption of gangly antenna towers and the scenery astir them.

SBA Communications Corporation (NASDAQ:SBAC) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 44 hedge money portfolios held SBA Communications Corporation (NASDAQ:SBAC) astatine the extremity of the 4th fourth compared to 41 successful the 3rd quarter. While we admit the imaginable of SBA Communications Corporation (NASDAQ:SBAC) arsenic an investment, our condemnation lies successful the content that AI stocks clasp greater committedness for delivering higher returns, and doing truthful wrong a shorter timeframe. If you are looking for an AI banal that is arsenic promising arsenic NVIDIA but that trades astatine little than 5 times its earnings, cheque retired our study astir the cheapest AI stock.

We covered SBA Communications Corporation (NASDAQ:SBAC) successful different article, wherever we shared Andvari Associates' views connected the institution successful the erstwhile quarter. In addition, delight cheque retired our hedge money capitalist letters Q1 2025 page for much capitalist letters from hedge funds and different starring investors.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.