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Streaming Growth, Solid Cash: Betting On AMC Networks' Financial Future
AMCXAMC Networks(AMCX) Seeking Alpha·2024-02-18 09:05

Jeff Kravitz/FilmMagic, Inc via Getty Images Investment Thesis AMC Networks (NASDAQ:AMCX) has been facing secular headwinds as cable cord-cutting continues to pressure top-line growth. However, despite the continuing trend away from cable, AMC Networks continues to show strong free cash flow as they streamline operations and focus on niche quality content for select demographics. I believe the stock is undervalued as earnings and free cash are likely to continue as AMC Networks can leverage spin-off shows f ...