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Down 27%, This Dividend Stock Is Still a Tower of Power

Down 27%, This Dividend Stock Is Still a Tower of Power

Crown Castle (NYSE: CCI) aims to continue years of market outperformance by building out as well as up, and now might be the time to climb aboard this cell tower titan. There are several reasons CCI stock could be a good buy right now, not the least of which is the company's aggressive investment in the rapid expansion of 5G networks. The major mobile carriers are among the largest tenants of this infrastructure REIT's collection of 40,000 cell towers across the country, and the chart below shows how CCI stock has outperformed the market since the 2007 introduction of the iPhone.