10 Best Real Estate Stocks to Buy According to Billionaires

2. Crown Castle Inc. (NYSE:CCI)

Number of Billionaire Investors: 12

Number of Hedge Fund Holders: 54

Crown Castle Inc. (NYSE:CCI) operates as a real estate investment trust. It owns, operates, and leases towers and other infrastructure for wireless communications. Wolfe Research lifted the company’s stock from ‘Underperform’ to ’Peer Perform.’ As per the analyst, the decision to sell its small cell and fiber business is the key factor in the rating upgrade. Notably, Crown Castle Inc. (NYSE:CCI) has concluded the strategic review of its Fiber segment with an agreement to sell the small cells and fiber solutions businesses for $8.5 billion. Furthermore, the analyst noted that the current economic climate continues to be in favour of defensive businesses, reflecting that the company’s positioning is advantageous.

In 2025, Crown Castle Inc. (NYSE:CCI) expects a consistent level of activity with organic growth of 4.5% in towers, excluding the impact of Sprint consolidation churn, and anticipates lease and amendment applications to rise YoY as its customers continue to add capacity to 5G networks in a bid to meet the persistent growth in mobile data demand in the US. The London Company, an investment management company, released its Q4 2024 investor letter. Here is what the fund said:

“Crown Castle Inc. (NYSE:CCI) – CCI was a bottom performer this quarter driven by the lower-than-expected rumored valuation for a potential sale of the fiber/small cell businesses and slower interest rate cuts in 2025. CCI continues to report positive tower activity but canceled some low-return small cell projects, which was viewed as a negative this quarter. The new management team has taken action to improve the return profile of the business and margins have already shown improvements. CCI is in a good position for future growth given its tower locations and U.S.-focused portfolio. We like CCI’s stable revenue stream, long-term tailwinds on growth in data consumption, and its ability to return cash to shareholders through its dividend policy.”