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Daily Archives: March 15, 2010

A Stock with a Touch of Latin Flavor

March 15, 2010
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A Stock with a Touch of Latin Flavor

In honor of the Oscars (of which I watched every minute and loved it all), I’m going to point you in the direction of a cinema-related stock. CineMark (CNK) is a movie theater operator with 424 theaters and nearly 5,000 screens in the U.S. and Latin America, which makes it the world’s second-largest motion picture exhibitor (Regal Entertainment is #1). Revenue growth has been steady, advancing even during the Great Recession.  CNK has been outperforming the broad market since the stock’s correction ended in August 2009.  The steady price appreciation, together with the generous dividend and good outlook for...

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