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AMC Entertainment vs. Imax: Which Movie Theater Stock Is a Better Buy?

Published 05/25/2021, 02:54 PM
Updated 05/25/2021, 03:31 PM
© Reuters.  AMC Entertainment vs. Imax: Which Movie Theater Stock Is a Better Buy?

AMC Entertainment (NYSE:AMC) and IMAX (NYSE:IMAX) have been hurt amid the COVID-19 pandemic. While one is grappling with high debt levels, the other is racing towards profitability making it a better recovery stock right now. Read more to learn which one.The vaccination rollout in the U.S. gained pace over the last few months making recovery stocks a strong bet for contrarian and value investors. Companies in the movie theater segment were decimated amid the COVID-19 pandemic as economic lockdowns were imposed and entertainment avenues shut down.

However, in April 2021, ticket sales for stateside exhibitors were close to $190 million, which was the best month since March 2020. Alternatively, the bears might argue that ticket sales in April 2018 and 2019 topped $1 billion, which means the recovery in entertainment stocks might be subdued and painful.

Keeping this in mind, let’s take a look at two stocks in the movie industry- AMC Entertainment (AMC) and IMAX (IMAX) to analyze which is a better buy right now.

Continue reading on StockNews

Latest comments

STOCK NEWS IS owned by hedgies
They are all coming from the same source (Stock News) and definitely poor resource and paid by hedge funds trying to spread FUD.
hahahah. earlier today an article that you ahould run away from AMC, now which one is a better buy!!!! i won't even read it
lol I love seeing these. such lies
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