Cinemark Holdings, Inc. (NYSE:CNK)
CAPS Rating:
The Company and its subsidiaries operate in the motion picture exhibition industry in the U.S. and Latin America.
The Company and its subsidiaries operate in the motion picture exhibition industry in the U.S. and Latin America.
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This company already makes as much money as AMC with about 1/6 the employees on less than half the revenue. I don't see any reason why this company can't become as big as Regal if not bigger. People will always go to the movies because the studios will insist on releasing films to theaters first and people want to see movies when they are new. Sure people have fancier and fancier home entertainment systems, but there will always be people who need to see it as soon as they can.
And plus, they have a good P/E, are near their all time low, and are just getting rolling. Also they are acquiring more companies to expand their business. Look for this stock to at least double in the next 3 years.