10 Best Ethical Companies To Invest In According to Reddit

4. American Tower Corporation (NYSE:AMT)

Number of Hedge Fund Investors: 73

American Tower Corporation (NYSE:AMT) is a REIT that owns and operates telecommunications infrastructure, including wireless and broadcast towers. The company has over 200,000 communication sites across the United States, Europe, and emerging markets and serves telecom operators. American Tower Corporation (NYSE:AMT) is known for its ethical commitment through its focus on sustainable practices, such as energy-efficient infrastructure, and efforts to bridge the digital divide in underserved communities.

American Tower Corporation (NYSE:AMT) is prioritizing growth in its core markets and is actively expanding its footprint in high-quality economies by focusing on value creation through disciplined capital allocation.  The company is increasing its capital spending in the U.S. and Europe while reducing investments in emerging markets such as Africa and Latin America, where the economic environment is less stable. In the U.S., American Tower Corporation (NYSE:AMT) is focusing on the transition from 4G to 5G, with a particular emphasis on mid-band spectrum deployment. This reallocation of capital is aimed at driving higher-quality earnings and ensuring that growth is repeatable and reliable.

Furthermore, American Tower Corporation (NYSE:AMT) is concentrating on expanding its margins and reducing selling, general, and administrative (SG&A) expenses across its global operations to enhance its profitability and generate stronger cash flow. The company has made significant progress in this area over the past few years and continues to focus on operational efficiencies.