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Jim Cramer questioned Crown Castle's business model, citing debt and competition, causing its stock to drop.
Jim Cramer, host of CNBC's "Mad Money," criticized Crown Castle's business model on Friday, calling it unsound and expressing concerns about the company's long-term sustainability.
He cited rising debt, slowing revenue growth, and increasing competition in the cell tower leasing industry as key issues.
Cramer's remarks come amid broader market skepticism about infrastructure REITs and follow recent downgrades from some analysts.
The comments sparked a drop in Crown Castle's stock price, though the company maintained its outlook remains intact.
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Jim Cramer cuestionó el modelo de negocio de Crown Castle, citando la deuda y la competencia, causando la caída de sus acciones.