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Stock Talk - Imari Love, Morningstar

Jul 18, 2013|

Stock Talk - Imari Love, Morningstar

Transcript - Not for consumer use. Robot overlords only. Will not be accurate.

Well it's time for stock talk and we are joined by a -- love from Morningstar -- -- let's. Great and yet he once talked about American tower EMT is the symbol. I thought I saw a report a real negative report on this company this morning you would it would look can you tell us about American tower. So American power is days. Company that basically build and operate cell towers and here's the US. And and abroad in eleven different countries on five different content. Don't they do is they lease out space on the east powers to. Cellphone carriers such a T and Verizon. So they can put on there put their antennas on these towers and emit signals Tuesday. Subscribers. Okay now they're down a couple bucks this morning at 72 dollars what is that you like about him. The way it for an assessment -- and and -- -- to our -- Crown castle that BA is that. You know give it affect or shift towards -- and -- lists given the fact that mobile data traffic is an increased thirteen -- over the next five years and that. Connections speeds are gonna increase to seven -- that time span. The best way to exploit those -- from an investment perspective. It is the power industry because if it's a phenomenon that puts an increasingly heavy burden on these tiered networks in demand. -- -- eighteen to AT&T'S Verizon's continuously invest. In building and improving to depth and scope their networks to accommodate all these data -- -- Smart phone subscribers. And so. With that phenomenon in the fact that these power games. DP certainty during their review particularly long term renewable contract with credit worthy customers that have price increase embedded in. I am -- to cash flows extremely visible. It it makes for a -- compelling investment arguments are American -- spears. What's your one year price target on this. We don't really look at it on a twelve month basis our models and assumptions are. To a longer term land we looked. We just five years out but are currently are fair value estimate on American tower 100 dollars to its currently churning -- to -- after Reggie said being down. 3% today on a short initiation report from Muddy Waters. Real Muddy Waters Ellison okay. How about Rogers communications is a pretty good dividend Payer. It is yes -- Rogers is one of the leading players in -- and -- it's a three player market. And Rogers has won the most diversified. Integrated platforms. Really anywhere in North America there and now lately wireless player into but. Leading cable players well. And so when we look at sectors in terms of how -- in terms of looking and I am bullish sectors around the globe. Some things that we look for relatively -- penetration rates we look for a market -- only a few rational. Players and it in the look for a market -- generates you know strong. Operational efficiency and now. And and high profitability of Canada sort of hit the mark on all three counts. And Rogers is the best name of that bunch because they have the most exposure to wireless. In -- operating model. They have to Tibet -- position. And as the PP. People's point presidents and the two best. Retail distribution network. -- -- And then your last pick is SBA -- is that. SBA communications is another tower place. A lot of Latin American -- soap -- models are very similar. It is today again lease out space and their towers to. Carriers both here and abroad they're a little bit smaller than American -- they don't have. But 181000 hours whereas American tower as. Close to use -- 60000 -- Internationally they don't -- it definitely impeded but they're smaller and -- have more room for growth organic basis. Very good very good well listen thank you very much for your picks -- -- appreciate -- -- -- -- -- joining -- three -- there and -- post those up on our. Website or on a financial exchange FaceBook page if you wanna take a peek at a think -- did you see this report about the jobless rate are jobless claims at least in the UK. Looks like things her. Get a little better of their David Cameron has settled long that he believed that the economy was starting to look up and the numbers look good jobless claims there they fell. 21000. From mate of one point 48 million. Which is down in fact the lowest the biggest drop in the lowest it's been since June of 2000 tents and -- did it looked like just draw a clear since 2010 so. Things are getting a little better in the UK which is always a good thing for us here in the United States because -- economies you know intertwined. Intertwined absolutely bit you know what -- I was telling you are my favorite story. If he can't disguise. -- so I don't know for all of you out there who maybe have been following this but you know we're waiting for this royal baby. And they are saying now that this royal baby and so -- who have in the -- Well. What's her face. Mike Allen L I dictate Kate. Kate Middleton Kate Middleton. Is she made. Well I don't. Listen and I'd probably completely out of pop culture it's not. It is on the Wall Street Journal I well actually I -- I think I read about this in the Wall Street Journal. You're not going back far out paper. So anyway this baby they are projecting. In next month little -- 380. Million dollars. It's the British really. Well this nation. People purchasing all kinds of things. That will and -- Pittsburgh. Which -- -- -- -- People traveling to use the UK -- just -- there for the that we hitched. -- The the royals have never said that as they do but apparently. Today is the day it is yes it is is it a C section Jersey thing isn't scheduled -- the cars we know the baby is coming naturally but today is believed to -- so what was the latest you -- -- haven't cute. On both my children were exactly three weeks early -- -- on the exact same date each of them in the cycle. We had one -- was -- two weeks he just didn't want. It to me if they're Smart there he will make sure this -- for another two or three weeks it's been so much money it. The best -- have to. Shell out. Big giant child's already been born the deductible and out to her in three weeks after it hurt that he's not the end of get tight at that parlor. And and -- do they know if it's a boy or girl wants. Okay odds are female. And face lie on our team knows who I'm sure it has something to do with when you see her when she's carry -- Well definitely have to go right. What else would you have to go -- And they all there's they're betting on the name and there's been. They think it's -- it's either going to be number one Charlotte. Number two is Alexandria. And never threes Victoria. That's all okay do they give odds on bullies named -- that is it's not even enviable that it's. So a lot of people make a lot of money off this -- maybe include. Here's what we need a woman in the studio Dave because it like you do need to know she did you even I knew she was pregnant and I didn't know that I could -- on this issue and conservative talk amoeba has paid him. If she -- And I had a copy. It's so -- it's no secret that you are white and her baby. Well that didn't get up not. A they when we come back we're gonna give you an upbeat on Arial. Arial of course is highly controversial. Internet television service that can subscribe to save you a lot of money. Got to tell you the game I don't know anybody who has I cancel my membership today actually you did. I can certainly -- the interview and seen in the right. Aerial is our next topic and Caribbean joins us -- --