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First I AM a long term buyer of stks, in general. Bought AMT 2-3 mos ago because I really like their story-mkt leader & better numbers vs competitors, growth mkt in general. Reviewed & Sold 2 days ago for following reasons:
1. This is a VERY interest rate sensitive stock in a rising interest rate mkt.
2. Its MAIN growth opportunities are oriented toward emerging markets countries (India, Brazil, Mexico) and these markets are having all kinds of problems now & may for some time.
3. Over past year+ it has REGULARLY missed earnings estimates

I am keeping the stk on my watchlist but the risk/reward ratio is just too high and there are too many other good opportunities.

Guess we'll see!

PS I was happy to see company makes extensive use of interest rate swaps to hedge its interest rate risk.
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