AMC(AMC)

Search documents
3 Big Dividend Growth Stocks To Buy In June 2024
Seeking Alpha· 2024-06-11 11:04
PM Images The high-yield space has seen many of its holdings recover in recent weeks and months after being beaten down earlier this year. Some of my favorite stocks that I bought aggressively during the dip, like Brookfield Renewable Partners (BEP) and Brookfield Infrastructure Partners (BIP), have rebounded sharply, delivering attractive returns in a short period of time: Data by YCharts Despite this, there are still some very attractive big dividend stocks with solid dividend growth momentum that rem ...
AMC Stock Analysis: Is Wall Street Right to Be Bullish on AMC Entertainment?
Investor Place· 2024-06-11 10:25
Investors in AMC Entertainment (NYSE:AMC) stock received a welcome surprise from the movie theater operator after it released first-quarter earnings that impressed more than one analyst.Coupled with the revival of meme stock trading enthusiasm and AMC stock has kept a lot of the gains it has made over the past month. With the potential for a few summer blockbusters to hit the theaters in the coming weeks, there is potential for a repeat performance when AMC Entertainment releases earnings in August.Has the ...
Time to Play 5 Top-Ranked Stocks With Rising P/E?
ZACKS· 2024-06-10 13:05
Wall Street has been hovering around a record high level, which can trigger overvaluation concerns in some investors’ minds. This is because investors often opt for the stock-picking approach that involves stocks with a low price-to-earnings (P/E) ratio.This strategy is based on the notion that the lower the P/E ratio is, the higher the stock value. The reasoning behind this is straightforward — when a stock's current market price does not adequately reflect its higher earnings, it suggests potential for gr ...
The Dumb Money Revival: 3 Stocks That Could Enjoy a 2024 Boom
Investor Place· 2024-06-09 13:00
Group 1: Meme Stock Dynamics - Hedge funds are increasingly cautious about retail investors and are utilizing social listening to manage risks associated with short positions, yet opportunities for meme stock rallies remain [1] - GameStop (GME) is a prominent example of a meme stock, known for its significant short squeeze in January 2021, which led to a 1,500% increase in stock price over three weeks [2] - Keith Gill, a key influencer in the GameStop rally, still holds approximately $116 million worth of GME shares, representing about 2% of the total shares [2][3] - The retail investor community has grown, with Keith Gill's followers reaching 1.4 million and the r/WallStreetBets subreddit boasting 16 million members, potentially increasing interest in future GameStop rallies [3] Group 2: GameStop Financial Performance - GameStop reported a 19.44% decline in revenue to $1.8 billion in Q1 2024 compared to the previous year, but profits increased by 30.91% to $63.1 million [3] Group 3: AMC Entertainment Overview - AMC Entertainment (AMC) experienced a remarkable rally in 2021, with a year-to-date growth exceeding 2,600% during a short squeeze in June [4] - AMC has strategically capitalized on retail interest, building a $2 billion war chest for cinema upgrades and offering shareholder perks to encourage long-term holding [5] - In 2024, AMC raised approximately $250 million through the sale of 72.5 million shares and reported a slight revenue decrease of 0.3% to $951.4 million, alongside a reduced net loss of $163.5 million, down by $72 million from the previous year [5] Group 4: BlackBerry's Position - BlackBerry (BB) has struggled to attract retail interest in 2024, experiencing a nearly 20% loss in the first two quarters, following a weaker rally in 2021 [6] - Despite its nostalgic appeal, BlackBerry is attempting to reposition itself as an innovative tech firm, recently announcing a partnership with Databricks to enhance its AI and cybersecurity solutions [6][7] - BlackBerry's Q1 revenue was reported at $373 million, indicating potential for growth if it successfully enters the AI market [7]
Meme Stocks AMC, KOSS, BB Whipsaw as GameStop Q1 Results Disappoint
Investor Place· 2024-06-07 14:27
Meme stocks are incredibly volatile on Friday as investors react to the latest earnings report from GameStop (NYSE:GME).GameStop failed to impress investors with its first-quarter earnings report. That’s due to its revenue of $881.8 million. This is worse than the $900 million to $1.09 billion that the two analysts covering the company were expecting.Also not helping matters is GameStop posting a loss of $32.3 million during the quarter. However, it is better than its loss of $50.5 million from the same per ...
AMC Stock Whipsaws on Roaring Kitty Livestream, Weak GameStop Results
Investor Place· 2024-06-07 14:07
AMC Entertainment (NYSE:AMC) is caught in the crosshairs of meme traders today. AMC stock closed up over 12% yesterday as the shares were boosted by the news that meme stock investor Roaring Kitty was going to appear on YouTube today. However, disappointing first-quarter results posted by GameStop (NYSE:GME) this morning and the company’s plan to sell additional shares of GME stock are pushing AMC’s shares down this morning.A Roaring Kitty Rally Gives Way to a Whimpering DeclineAMC stock rose sharply yester ...
AMC Networks: There's Hidden Opportunity With This One
Seeking Alpha· 2024-06-07 13:26
simpson33Value investing can be one of the most successful strategies that somebody can adopt. But just like any investment strategy, it comes with certain pitfalls. One of these is the dreaded value trap. In essence, some companies will look fundamentally attractive. Having said that, there will be a legitimate reason for how cheap they are trading. Sometimes, this can be due to concerns regarding major customers, fraud, litigation, or even a market that is in a permanent state of decline. One company ...
AMC Stock Alert: Shareholders Reject Plan to Declassify Board
Investor Place· 2024-06-06 17:20
Cineplex operator AMC Entertainment (NYSE:AMC), which, while broadly embattled, received a lifeline from meme-trading sentiments, saw its shares continue to move higher on Thursday. In the prior session, AMC stock skyrocketed as shareholders pushed back against management’s proposal.A key issue that the leadership team wanted to set in stone was an executive compensation plan. However, shareholders rejected the proposal and instead opted for an equity incentive plan, per Seeking Alpha.Another one of AMC’s p ...
AMC Entertainment Holdings, Inc. - Company Profile, SWOT Analysis, and a 5-Year Review of Deal Activity
GlobeNewswire News Room· 2024-06-05 14:48
Dublin, June 05, 2024 (GLOBE NEWSWIRE) -- The "AMC Entertainment Holdings, Inc. - Company Profile and SWOT Analysis" swot analysis has been added to ResearchAndMarkets.com's offering.This profile is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360 degree view of the company.AMC Entertainment Holdings, Inc. (AMC or 'the company') is an entertainment company that ru ...
Roaring Kitty's Last Meow? AMC Stock's Rally Fizzles as Reality Bites
Investor Place· 2024-06-05 10:26
The seeming inability of retail investors to permanently lift meme stocks bodes badly for AMC Entertainment (NYSE:AMC) stock. Meanwhile, the company’s rather unimpressive first-quarter results, along with its high valuation and huge debt load, also don’t look good for its outlook. In light of all of these points, I strongly urge investors to unload the shares.Meme Stock Investors’ Power Is Rapidly Diminishing In recent weeks, Roaring Kitty, the retail investor who helped launch the meme-stock boom in 2021, ...