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Top 5 Stock Picks of William Von Mueffling’s Cantillon Capital Management

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In this article, we discuss the top 5 stock picks of William Von Mueffling’s Cantillon Capital Management. If you want to read our detailed analysis of Mueffling’s history, investment philosophy, and hedge fund performance, go directly to Top 10 Stock Picks of William Von Mueffling’s Cantillon Capital Management.

5. American Tower Corporation (NYSE:AMT)

Cantillon Capital Management’s Stake Value: $471,366,000
Percentage of Cantillon Capital Management’s 13F Portfolio: 3.93%
Number of Hedge Fund Holders: 52

American Tower Corporation (NYSE:AMT) is a prominent independent multi-tenant communications real estate owner, operator, and developer. More than 220,000 cell towers are owned and operated by American Tower Corporation (NYSE:AMT) in the United States, Asia, Latin America, Europe, and Africa. Following the acquisition of CoreSite, it also owns and runs 25 data centers in eight U.S. markets.

American Tower Corporation (NYSE:AMT) has a strong dividend history. Since 2012, the corporation has increased its dividend each year. On September 22, American Tower (NYSE:AMT) announced a quarterly dividend of $1.47 per share, a 2.8% increase over the previous payout of $1.43.

On October 3, KeyBanc analyst Brandon Nispel reduced his price objective on American Tower Corporation (NYSE:AMT) from $300 to $264 and maintained an ‘Overweight’ rating on the stock. The analyst predicted that all towers would likely fall short of 2023 adjusted funds from operations estimates due to rising interest rates.

Akre Capital Management is a prominent stakeholder of American Tower Corporation (NYSE:AMT), with 6.97 million shares of the company, worth over $1.78 billion. Insider Monkey found 52 hedge funds bullish on American Tower Corporation (NYSE:AMT) at the close of the second quarter of 2022. Those funds held collective stakes in the company valued at $4.37 billion, up from $4.10 billion in the first quarter of 2022, when 50 hedge funds were long AMT shares.

Here is what Baron Funds had to say about American Tower Corporation (NYSE:AMT) in its Q2 2022 investor letter:

“American Tower is a leading global tower company with 220,000 communication sites globally and over 40,000 in the U.S. We added to our position during the market dislocation and as it became increasingly clear that the company would put permanent equity financing in place at better-than-expected terms for its previously announced acquisition of CoreSite (thereby removing the “equity overhang”).

In addition, the company stepped back from a large potential deal in Europe, which would have required significant incremental funding, due to unfavorable contract terms and price. This decision further reinforced our confidence in management’s capital allocation discipline knowing that these were highly sought-after assets.”

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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