With the proliferation of mobile devices and the need to constantly be connected puts a lot of demand on network providers to maintain strong data coverage all over, which is why we like something like American Tower Corp, one of the leading providers of tower space. This stock has performed very well over the last few years, and looks positioned to continue that run after breaking out to new all-time highs in the last few weeks. Now, that breakout area just above $100 should act as strong support, possibly giving the stock a base from which to lift off.
