Cell-Tower REITs Could Climb 20%. Here Are 3 to Buy Now.

Certainty during rocky macroeconomic times deserves a premium. Predictable and dependable profits are exactly what cell-tower real estate investment trusts provide, and yet their stocks are selling at steep discounts right now.

The major wireless companies—

Verizon Communications

(ticker: VZ),

AT&T

(T), and

T-Mobile US

(TMUS) in the U.S.—couldn’t function without the communication towers that three REITs own and operate.

American Tower

(AMT), Crown Castle (CCI), and

SBA Communications

(SBAC) lease space to the wireless companies, essentially acting as landlords for antennas.