|Bid||10.58 x 2900|
|Ask||10.80 x 800|
|Day's Range||9.93 - 11.04|
|52 Week Range||8.73 - 21.45|
|Beta (3Y Monthly)||0.45|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.80 (8.32%)|
|1y Target Est||N/A|
It was another mixed trading session, with U.S. stocks falling in the final hours of trading. How much will the Fed cut rates? What will so-and-so report on earnings? Investors have a lot of questions, but on the plus side, the markets are still holding up pretty well. Let's look at a few top stock trades going into next week. Top Stock Trades for Tomorrow 1: Boeing Click to EnlargeShares of Boeing (NYSE:BA) bounced more than 4% on Friday as the company announced a $4.9 billion charge related to the 737 MAX. With earnings next week, that announcement is somewhat surprising to me.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHowever, the stock held and is bouncing off the key $360 to $362 area now. $380 has been a trouble spot for BA, but should it continue higher into earnings, the setup will get interesting. * 10 Tech Stocks That Are Still Worth Your Time (And Money) If the stock climbs to the $396 to $400 level ahead of earnings, investors may consider taking profits ahead of the report. A move over $400 puts the ~$413 gap on the table.On a pullback, see that $356 to $360 holds as support. Below puts $337 to $340 on the table. Top Stock Trades for Tomorrow 2: Chewy Click to EnlargeChewy (NYSE:CHWY) stock looked like it was going to rally on Friday morning. The company reported strong revenue growth, but couldn't hold onto its gains.With shares falling -- down over 4.5% on the day -- the stock lost its 8-day and 20-day moving averages. It briefly broke below its post-IPO lows, although $31 is buoying the name for now.On the upside, see if CHWY can breakout over downtrend resistance (blue line). On the downside, see if $30.78 to $31 holds as support. If it doesn't hold, Chewy is a no-touch for now. Top Stock Trades for Tomorrow 3: Skechers Click to EnlargeShares of Skechers (NASDAQ:SKX) are exploding higher on the day, jumping 12% on better-than-expected earnings.From here, I would love to see SKX hold above the $38 level. If it can, it puts the $41.50 to $42 level on the table, an area that stymied SKX's run for months in early 2018.If $38 gives way, we'll need to see if $35 holds as support. Top Stock Trades for Tomorrow 4: AMC Click to EnlargeShares of AMC Entertainment (NYSE:AMC) are jumping more than 8% on better-than-expected earnings. While the gains are nice, the stock was swiftly knocked lower after testing $11. This coincides with a test of the 50-day moving average and 10-week moving average.It would be disappointing to see AMC give up all of its post-earnings gains, but it will still look okay if it holds above $10. Over $11 and it could regain some upside momentum. If it can, keep in mind the 200-day is up at $13.86, while the 61.8% retracement is at $13.59. Top Stock Trades for Tomorrow 5: Crowdstrike Click to EnlargeWhat a beauty of chart Crowdstrike (NASDAQ:CRWD) has. Shares are up 13% on the day after strong earnings results, and the stock is ripping to new highs as a result. * 10 Tech Stocks That Are Still Worth Your Time (And Money) The stock was forming a tightening wedge and is now breaking out higher. Look to see that CRWD holds up over $80. If it does, investors can stay long. Below and it will need to be re-evaluated.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks That Are Still Worth Your Time (And Money) * 7 Marijuana Stocks With Critical Levels to Watch * 7 of the Best Smart-Beta ETFs to Target Right Now The post 5 Top Stock Trades for Monday: BA, CHWY, SKX appeared first on InvestorPlace.
The world’s largest theater chain received a bullish initiation from Credit Suisse, which argues the recent selloff in AMC stock is overdone.
Pool Corp's (POOL) top-line growth in second-quarter 2019 can be attributed to the solid performance of the company's Base Business.
In 2016 Adam Aron was appointed CEO of AMC Entertainment Holdings, Inc. (NYSE:AMC). This report will, first, examine...
From an investment standpoint, some of the most interesting stocks in the market are heavily shorted stocks.On one hand, if a stock is heavily shorted, it means that a bunch of investors are betting on the stock going down. That means the bear thesis has a lot of believers, and probably a lot of credibility. Sometimes that consensus bear thesis plays out as expected, the heavily shorted stock drops, and shorts cover at a huge profit.On the other hand, if a stock is heavily shorted, it can mean that very few investors believe the stock is going to go up. It also means that a bunch of money needs to buy back into the stock at some point. That combination means the stock has a lot of potential upside firepower. Thus, if the bear thesis falls apart and things start to improve at the company, the heavily shorted stock will surge, assisted by a short squeeze as investors rush to cover their short positions.InvestorPlace - Stock Market News, Stock Advice & Trading TipsGoing long a heavily shorted stock is often a high-risk, high-reward scenario. Either the consensus bear thesis is right, and the stock falls. Or, the consensus bear thesis is wrong, and the stock pops. * 10 Stocks to Sell for an Economic Slowdown With that in mind, I've put together a list of seven heavily shorted stocks which, at current levels, have more reward than risk, and have a realistic opportunity for a big short squeeze rally in the foreseeable future. Short Squeeze Stocks to Watch: AMC Entertainment (AMC)% of Float Short: 30%The Bear Thesis: Shares of America's largest movie theater chain operator, AMC Entertainment (NYSE:AMC) have slumped to an all-time low in 2019, dropping nearly 50% over the past year, as weak box office results accelerated fears regarding a movie theater apocalypse. As the stock has dropped, shorts have continued to pile into AMC stock (short interest is at almost 30%, a 52-week-high). As investors are betting that things won't get better, consumers will keep shunning movie theaters, and revenues and profits will keep dropping.Why a Short Squeeze Could Happen: AMC's short interest has been this high only once before. That was in late 2017, followed by a rally in AMC stock from about $10 to almost $20. The drivers of that rally? Improved box office results, and AMC launching a subscription program.Those same drivers could spark a similar short squeeze rally here. Box office results will likely pick up over the next few months, assisted by Lion King, Frozen 2, and a new Star Wars film. Meanwhile, AMC's subscription program, Stubs A-List, has a lot of momentum, and presently counts more than 860,000 members. As box office results improve into the back-half of 2019 and Stubs A-List continues to add subscribers, shorts will rush to cover, and AMC stock should bounce back in a big way. Tesla (TSLA)Source: Shutterstock % of Float Short: 31%The Bear Thesis: Much like shares of AMC, shares of electric vehicle maker Tesla (NASDAQ:TSLA) have slumped to multi-year lows in 2019, down almost 31% over the past year. The culprit? Bad first quarter 2019 numbers. Those numbers spooked investors and implied the company's once-robust growth trajectory is flattening out. Investors are concerned that it will keep flattening out as competition ramps up, and have consequently rushed to short the stock (short interest has climbed from below 20% in early 2019, to above 30% today).Why a Short Squeeze Could Happen: Tesla's second quarter 2019 numbers were much better than its first quarter numbers, and broadly implied that the growth trajectory is not flattening out. Meanwhile, numbers from Inside EVs imply that Tesla's market share is only growing (despite new competitors). The EV market continues to grow at a robust pace and remains on track to grow by at least 10-fold over the next decade.Consequently, the long-term growth narrative for Tesla remains favorable (the leading player in a rapidly growing market). The numbers here will continue to improve in the back-half of 2019, assisted by lower rates, a Model S/X refresh, new Model Y production, and cooling trade tensions. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond As those numbers continue to improve, the long term bull thesis will come back into the spotlight, and shorts will rush to cover, sparking a big rally in TSLA stock. iRobot (IRBT)Roomba_770_ 010% of Float Short: 44%The Bear Thesis: The bear thesis on consumer robotics company iRobot (NASDAQ:IRBT) is centered around the trade war. In short, one of iRobot's most important, biggest, and fastest-growing markets is China. The introduction of U.S.-China tariffs, however, forced iRobot to hike prices on its robotic vacuum cleaners, which has had an adverse impact on both China demand and gross margins. Investors are betting these tariffs will either stick around or get worse. As such, 44% of the float are betting on the stock going down.Why a Short Squeeze Could Happen: The long-term bull thesis supporting iRobot remains favorable. As consumer robotics penetration rates remain relatively low (24% of total vacuum cleaners in 2018), that market is growing very quickly (40% growth in 2018). iRobot is the unchallenged leader in the market (50%-plus market share in 2018), revenue growth is robust (17%-20% expected in 2019), and gross margins are healthy (around 50%). Putting all that together, it is pretty clear that IRBT stock is a long-term winner.With trade tensions between the U.S. and China now cooling, it appears increasingly likely that iRobot will be able to get back on its long-term winning trajectory soon. Once that happens, shorts will rush to cover, and IRBT stock will fly higher. Stitch Fix (SFIX)% of Float Short: 25%The Bear Thesis: The bear thesis on Stitch Fix (NASDAQ:SFIX) is pretty straight-forward: As more competition enters the online personal styling segment, Stitch Fix's growth rates will moderate. This moderation will weigh on SFIX stock's rich valuation and ultimately drag the stock lower. A good portion of investors believe that this will happen, and that's why 25% of the float is short.Why a Short Squeeze Could Happen: The bear thesis on SFIX stock gained traction in late 2018 as growth came screeching to a halt. That slowdown was due to one-time changes and purposefully lower marketing spend. Since then, those one-offs have been phased out, marketing spend has re-accelerated, and Stitch Fix's growth rates have surged higher. * 7 Retail Stocks to Buy for the Second Half of 2019 This higher growth trend will persist for the foreseeable future. Stitch Fix is changing the game in retail to a curated, on-demand model. We've seen these shifts before. They work (think Netflix (NASDAQ:NFLX) or Amazon (NASDAQ:AMZN)). As such, curated, on-demand shopping will gain share and traction over the next several years, Stitch Fix's growth trajectory will remain favorable, shorts will rush to cover, and SFIX stock will rally. Dick's Sporting Goods (DKS)% of Float Short: 30%The Bear Thesis: The bear thesis on Dick's Sporting Goods (NYSE:DKS) is predicated on the idea that Dick's is no longer relevant in the athletic apparel retail model. Specifically, the athletic apparel market is shifting from wholesale retail to direct retail. That means brands like Nike (NYSE:NKE) are taking product out of the wholesale pipeline (out of Dick's) and putting product into their direct channel (like their own stores). Dick's has been adversely impacted by this shift. Many expect this shift to continue. As such, many expect Dick's to continue to struggle, and DKS stock to continue to sputter lower.Why a Short Squeeze Could Happen: There are signs that this shift from wholesale to direct is moderating. After a streak of negative comparable sales growth quarters, Dick's finally reported flat comps last quarter. More than that, comps inflected into positive territory towards the end of the quarter, and started this quarter in positive territory, too. The guide calls for comps to be positive for the full year 2019. As such, Dick's is presently in the process of going from negative comps to positive comps, and that inflection against the backdrop of 30% short interest implies a nice set-up in the back half of 2019 for a short squeeze. GrubHub (GRUB)% of Float Short: 25%The Bear Thesis: Online food ordering and delivery giant GrubHub (NYSE:GRUB) used to be a market favorite, given the company's leadership position in a secular growth market. Then, signs emerged that GrubHub was rapidly losing market share to smaller but more relevant online food ordering and delivery companies like Postmates and UberEats. Revenue growth slowed. Margins got hit. Profit growth fell flat. The stock dropped. Many investors expect these competition-related headwinds to only get worse, and as such, 25% of the float is betting that GRUB stock will keep falling.Why a Short Squeeze Could Happen: The online food ordering and delivery space is big enough to accommodate multiple large players. GrubHub will be one of those large players. It just won't be the only large player. A few years ago, at 50%-plus market share, GrubHub was the only large player. Now, though, GrubHub's market share sits around 30%, and is roughly in-line with DoorDash and UberEats, meaning that GrubHub is now one of many large players. Further, market share erosion has moderated over the past few months. * 10 Best Stocks for 2019: A Volatile First Half As such, it's reasonable to believe that the worst of the GrubHub share erosion is in the rear-view mirror, meaning growth rates should moderate going forward. Such growth moderation will force the huge short base to cover, which could spark a sizable short squeeze in GRUB stock over the next few months. Short Squeeze Stocks to Watch: Abercrombie & Fitch (ANF)Source: Shutterstock % of Float Short: 34%The Bear Thesis: The bear thesis on Abercrombie & Fitch (NYSE:ANF) is aligned with the bear thesis on physical retail. It goes something like this: Malls are dying, as are their major tenants. Abercrombie & Fitch is one of those major tenants. Consequently, as retail demand shifts more to the direct channel and away from malls, Abercrombie's numbers will remain weak. Those persistently weak numbers will create a drag on ANF stock for the foreseeable future.Why a Short Squeeze Could Happen: A short squeeze could happen here because the bear thesis is just wrong. Physical retail isn't dying. Consumers will always have some desire to go to malls, whether it be to try on clothes or simply enjoy the experience of shopping (yes, that's a thing). As such, physical retail is simply shrinking to accommodate higher sales volume in the direct channel.With direct sales growth starting to slow, though, it's reasonable to believe that the worst of physical retail's shrinkage is over. Thus, results across the entire physical retail world should start to improve over the next several quarters. This is a rising tide that will left all boats, ANF included. The result? Abercrombie's numbers will get better over the next few quarters. Shorts will rush to cover. The stock will pop.As of this writing, Luke Lango was long AMC, TSLA, IRBT, SFIX, and NKE. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell for an Economic Slowdown * 7 Marijuana Penny Stocks That I May Buy * 7 of The Best Schwab ETFs for Low Fees The post 7 Short Squeeze Stocks With Big Upside Potential appeared first on InvestorPlace.
A strong season pass program, increased focus on acquisitions and mergers along with efficient marketing efforts bode well for Vail Resorts (MTN).
(Bloomberg Opinion) -- Walt Disney Co. is almost single-handedly propping up the U.S. box office this year. That doesn’t bode well for the theater industry, because 2019 may be as good as it gets for Disney’s movie-making business. Just $5.62 billion of tickets have been sold in North American movie theaters, about a 10% drop from the first half of last year, according to Box Office Mojo. Disney, which has released a blockbuster a month since March, starting with “Captain Marvel,” drove more than a third of those ticket sales. That’s by far the biggest share the company has ever taken – and that’s not including the films Disney inherited from its recent $85 billion acquisition of 21st Century Fox. Since hitting the big screen in April, Disney’s “Avengers: Endgame,” another film from its Marvel collection, has come extremely close to unseating “Avatar” as the world’s highest-grossing film of all time, capturing $2.76 billion in ticket sales globally. Last weekend, it was re-released with bonus footage in a final push to claim the title. But while Disney works on breaking that record, theater operator AMC Entertainment Holdings Inc. is reluctantly shattering another: Its stock dropped to an all-time low on Tuesday. AMC has declined 25% year to date, amid sluggish attendance at its multiplexes. After its market value slid below the $1 billion mark last week, the company is worth barely more than the $835 million it paid to acquire Carmike Cinemas three years ago. Theater businesses have become increasingly dependent on food and beverage sales as they get squeezed by studios like Disney when it comes to ticket revenue, so AMC and its shrinking number of rivals have hoped that cinema upgrades and better food would boost turnout. AMC even noted prominently in its latest 10-K filing that 345 of its theaters now have recliner seating and that alcohol is offered in nearly as many.(1)Problem is, in the age of Netflix and a burgeoning market of copycats, a beer and comfy seat apparently aren’t enough to draw a sizable audience away from their own couches. Only big-budget, superhero blockbusters and remakes of beloved classics seem to do that – and those are Disney’s bread and butter. This summer’s Disney/Pixar lineup is a blast from the 1990s, with “Toy Story: 4” currently in theaters and “The Lion King” opening July 19. Among the company’s other coming attractions are “Frozen 2” and “Star Wars: The Rise of Skywalker.” Tuesday does mark the domestic debut of "Spider-Man: Far From Home,” which is distributed by Sony Corp., not Disney, even though it’s part of the Marvel Cinematic Universe. Boxoffice Pro projects a strong $120 million opening weekend, which would help businesses like AMC. However, the film’s hilariously bad marketing posters were mocked on social media for what looked like a beginner Photoshop job, with Samuel L. Jackson using the hashtag headsgonroll. It speaks to the difference in quality of a Disney project. That said, Disney’s success this year will be quite difficult to repeat, as I wrote in April. Its studios have fewer blockbusters slated for next year, and it’s also slowing down production of future “Star Wars” films. After Episode IX, the next Lucasfilm release isn’t until December 2022. Disney has also delayed “Avatar 2,” a franchise that came with its Fox deal, until December 2021. That means any resurgence in the theater industry may be at least two years away. As for the theaters themselves, there’s the question of whether Disney decides to reserve future smaller Fox films for its own streaming apps instead of sending them to the big screen. Disney+, the company’s version of Netflix, launches in November, and it plans to somehow bundle the product with Hulu, which it now controls. While Disney tries to drive subscriptions for those services, it’ll need to make tough calls about where to direct spending and premiere its content. Its competitors, such as Warner Bros. parent AT&T Inc. and Universal Pictures parent Comcast Corp., will have to do the same. Disney’s tent-pole pictures may always attract theatergoers. Whether that’s enough to keep cinemas alive is another story.(1) Furthermore, the average ticket price fell this year for the first time since 1993, Box Office Mojo data show.(Some studios may also look to shorten the amount of time their flicks stay in theaters, making snacks all the more crucial to a cinema’s bottom line.)To contact the author of this story: Tara Lachapelle at firstname.lastname@example.orgTo contact the editor responsible for this story: Beth Williams at email@example.comThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering deals, Berkshire Hathaway Inc., media and telecommunications. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
The world’s largest exhibitor has launched AMC Artisan Films to highlight what it’s calling “character- and narrative-driven movies.”
It was a year ago now that MoviePass Inc. peaked with 3 million subscribers and AMC Entertainment Holdings Inc. responded with a movie subscription plan of its own. Twelve months later, MoviePass has faded from view and AMC Stubs A-List has exceeded expectations, celebrating its one-year anniversary on Wednesday by announcing it now has 860,129 members in North America. AMC Theatres (NYSE: AMC) initially set a goal of reaching half a million members in the first year of the program and a million by year two.
The leading movie chain's multiplex buffet is a hit for movie-hungry fans, but the stock has been cut in half since peaking late summer.
The regional field director for Faith and Freedom Coalition and founder of Market Street Services debated the "heartbeat" law on a recent episode of 11alive. Galloway discussed how the bill could bring new businesses to Georgia, while Holladay worried about the economic impact of the bill.
AMC Entertainment Holdings Inc NYSE:AMCView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate and declining * Economic output in this company's sector is contracting Bearish sentimentShort interest | NeutralShort interest is moderately high for AMC with between 10 and 15% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 11. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding AMC are favorable, with net inflows of $1.46 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
It's a rare bit of good geopolitical news for the embattled Donald Trump administration. After threatening to impose tariffs on goods from Mexico due to the migration crisis, the White House announced a deal. In return for our southern neighbor taking more responsibility in curbing illegal immigration, the U.S. will cease economically punitive threats. Still, I wouldn't stop seeking protective stocks to buy.As The Wall Street Journal stated, Mexico has only temporarily avoided tariffs. Under the terms of the agreement, the U.S. will review Mexico's effectiveness in stemming the flow of Central American migrants. Technically in 90 days, the U.S. reserves the right to slap tariffs on if it feels the performance is inadequate.Plus, we all know how volatile and unpredictable President Trump is. It was just a few months back that political analysts voiced optimism for a U.S.-China trade deal. Now that situation quickly devolved from bad to worse, causing people to scramble for the best stocks to buy against a likely downturn.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis segues into the ongoing trade war with the world's second-biggest economy. Trump is scheduled to meet his counterpart in the battle, Chinese President Xi Jinping, at the G-20 summit. Any hopes for a rapprochement was tempered when Trump declared that he would be "perfectly happy" to hit China with fresh tariffs.If these tensions weren't bad enough, our economy has other headwinds to consider. Recently, the dollar has weakened relative to other currencies. The yield curve inverted, which in the past signaled a recession. And of course, we have our own contentious political environment. * 7 S&P 500 Dividend Stocks to Buy That Yield 4% or More At the very least, we're facing choppy waters. But if the worst-case scenario of a recession occurs, here are the best stocks to buy: Stocks to Buy: Kimberly Clark (KMB)Source: Shutterstock For most Americans, a recession necessitates budgeting down to the essentials. While data suggests that consumers won't abandon all discretionary purchases such as cheap entertainment, the secular segment is where you want to aim. With that context, one of your best stocks to buy for a coming downturn is Kimberly Clark (NYSE:KMB).You may not immediately recognize the Kimberly Clark name, but you've certainly used their products. We're talking about brands like Kleenex, Huggies, and Cottonelle. No matter how volatile the markets get, or if the trade war takes an unexpectedly negative turn, you're still going to wipe yourself after you use the facilities. At least I hope you do, and that's what drives KMB stock.The other great point about the company is that its fundamentals match our assumptions. In other words, KMB stock levers recession-proof products, and the financials prove it. For instance, net income slipped in 2008, but the metric moved positively the following year.This just shows that when a recession strikes, the best stocks to buy are often the most obvious. Duke Energy (DUK)Source: Shutterstock I've been involved in a few blackout incidents. Certainly, they're not the biggest problems you encounter in life. At the same time, few inconveniences make you feel so useless and inadequate, especially in this digital age. That's why if we suffer a recession, you should peg Duke Energy (NYSE:DUK) among your list of stocks to buy.The case for DUK stock is very straightforward: we all need energy to power our digitally connected lives. Even the most rural communities cannot afford to be cut off from vital energy sources. Sure, in a downturn, most folks skimp on purchases. But they absolutely cannot skimp on their utility bills. Doing so would be catastrophic in their journey to get back on their feet. * 7 Dark Horse Stocks Winning the Race in 2019 Similar to Kimberly Clark, DUK stock has the fundamental data to prove it belongs among the best stocks to buy for a coming recession. Back in 2008 through 2010, net income slipped badly against 2007's annual tally. However, in 2011, Duke decisively hit the recovery track, significantly exceeding 2007 figures. RCI Hospitality (RICK)Source: Edkohler via FlickrIf you want to pick out the best stocks to buy against a possible recession, you should keep it simple. That means going with names that have a proven track record, even when times are tough. With that context, I can't think of many better names than RCI Hospitality (NASDAQ:RICK).I get it: RICK stock generates controversy for its underlying hospitality business. But the stark reality is that the intimacy industry is at least recession-resilient, if not outright recession-proof. During the 2008 market crisis -- the worst such calamity since the October 1929 crash -- The New York Times reported on the phenomenon of $1,000 lap dances.Another factor that makes RICK stock an interesting idea is that shares haven't done so well this year. In fact, they're down more than 19% since January's opening price. Right now, the volatility is keeping conservative investors away. However, if a recession hits, RCI can easily make a case for its spot among the best stocks to buy. Anheuser Busch Inbev (BUD)Source: Paul Sableman via FlickrA common entry among vice stocks to buy, Anheuser Busch (NYSE:BUD) owns several popular beer brands. These include Michelob Ultra, Budweiser and, of course, Bud Light.The latter is highly regarded for its usually hilarious commercials and not much else. I've said it before and I'll say it again: Bud Light is an abomination.But two interesting points make BUD stock an appealing proposition. In a recent beer survey, Bud Light ranked as America's favorite beer. Consumers apparently called it "drinkable and refreshing," two words I would never use to describe Bud Light. But setting that aside, Anheuser Busch-branded beers represented the majority of America's top 10. * 7 Stocks to Buy As They Hit 52-Week Lows My second point is that BUD stock could weather a recessionary storm better than most. Some scientific studies suggest that contrary to popular belief, troubled economic times could correlate with heavier drinking. If so, I'd keep a close eye on Anheuser Busch. AMC Entertainment (AMC)I have to admit that when AMC Entertainment (NYSE:AMC) reported its disappointing first-quarter earnings report, it hit me hard. In fact, it was a double-whammy. Not only did I buy into AMC stock, but I suggested that contrarian investors do the same. Boy, do I have egg on my face for this one.And what exactly was my reasoning for getting involved with this loser? I believed that despite streaming services taking over the entertainment landscape, a viable place existed for the box office. Sure, streaming offers conveniences, but the cineplex provides a social experience that's still relevant to all demographics.Unfortunately, the timing just didn't work out for AMC stock.However, I'm not hitting the panic button despite the sharp losses. Here's why: back in the Great Recession, high-profile entertainment options such as professional sports experienced a noticeable decline in attendance. During the same period, consumers flocked to the movie theaters.In a recession, people want cheap entertainment to forget their troubles. That's what AMC provides, which is why I think it's one of the best stocks to buy if troubles hit. Waste Management (WM)Source: Shutterstock Author and financial guru Robert Kiyosaki once said that "cash is trash." Waste disposal and solutions expert Waste Management (NYSE:WM) may want to adopt a similar statement as their marketing pitch: trash is cash.However, buying WM stock may seem counterintuitive if you're anticipating an economic correction. After all, people tend to buy less stuff during a recession. Moreover, cash-strapped folks tend to fix products that don't work or buy cheap hand-me-downs. Whatever the specifics, the result is fewer opportunities for Waste Management to advantage.But it's also fair to point out that WM stock is a secular investment. Even if the volume of trash decreases in a potential recession, it doesn't disappear altogether. The garbage truck will still come and perform their weekly ritual. * 10 Stocks to Buy That Could Be Takeover Targets More importantly, Waste Management recently acquired a rival in the space, Advanced Disposal, for $3 billion. With a major competitor out of the picture, WM utterly dominates the secular trash-disposal industry. This makes the equity a counterintuitive but viable candidate among stocks to buy for an economic slowdown. Barrick Gold (GOLD)Source: Jeremy Vohwinkle via Flickr (Modified)While we're on the topic of cash being trash, let's talk about gold. The yellow metal is perhaps the only thing we all agree with President Trump on: gold is good. Having more gold is better. I'll let you complete the logical sequence.The spot price for the monetary commodity spiked in late May, to no real surprise. The only shocking thing is that it took so long. We're mired in a deeply contentious political environment, both here and abroad. Furthermore, the dollar has weakened against a basket of international currencies, setting the stage for a stunning recovery.But if you don't want to own physical bullion, consider Barrick Gold (NYSE:GOLD) stock.Barrick Gold consistently ranks at the top among commodity producers. Therefore, if you're going to take a shot in this always-risky segment, you should go with the best.Second, because Barrick is the leading producer, the GOLD stock price will likely have a strong correlation with the metal's spot price. In past years, that correlation was a liability. But with conditions ripe for a turnaround, Barrick stands to benefit substantially.As of this writing, Josh Enomoto is long AMC stock and gold bullion. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 S&P 500 Dividend Stocks to Buy at Least Yielding 3% * 7 Stocks to Buy That Don't Care About Tariffs * 5 Healthcare Stocks to Pick Up From the Wreckage Compare Brokers The post 7 Stocks to Buy for the Coming Recession appeared first on InvestorPlace.
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...
Today we'll take a closer look at AMC Entertainment Holdings, Inc. (NYSE:AMC) from a dividend investor's perspective...
[Editor's note: This story was previously published in February 2019. It has since been updated and republished.]Considering the high volatility of the stock market, investors may want to load up on entertainment stocks.At first, the notion appears counterintuitive. Our nation remains bitterly divided. Adding to this combustible environment is the trade war between the U.S. and China. From a common sense perspective, the best stocks to buy appear to be boring, but stable companies.InvestorPlace - Stock Market News, Stock Advice & Trading TipsCertainly, that instinct is a viable one at this juncture. Nevertheless, entertainment stocks offer potential upside, especially if the broader markets take another dip. For one thing, Americans have a history of resorting to escapism during troubled economic times, making entertainment names appealing stocks to buy now.While we take the idea of entertainment, and by logical deduction, entertainment stocks for granted today, back in the early 20th century, such frivolities were envy-inducing luxuries. However, the Great Depression changed that perspective, leading media institutions to specialize in escapism.In fact, some historians have argued that the amusement and entertainment industry kept the American psyche intact during the depression!Moreover,in good or bad times, I've yet to meet an individual who didn't set aside some money for rest and relaxation. Therefore, the amusement industry offers some of the best stocks to buy during turbulent times. * 5 Stocks Under $10 With Big Upside Potential With this list, I cover multiple subsegments of the amusement industry, ranging from sure-things to speculative opportunities. Here are my choices for five entertainment stocks to buy now:Source: Shutterstock AMC Entertainment (AMC)When I think about the Great Depression, I envision bankers jumping off tall buildings. However, this dark period in our history ironically produced Hollywood's golden age. Eager for distractions, millions flocked to the box office weekly despite their strained finances. This piece of Americana still vibrates spiritually with AMC Entertainment (NYSE:AMC).But in the digital age where content streaming reigns supreme, many folks dismiss AMC stock. Admittedly, its fallout from last October's broader market selloff hurt my bullish argument. Nevertheless, I remain optimistic over the long haul.If the popularity of the NFL has taught me anything, it's that Americans are willing to shell big bucks for a few hours of amusement. But at a certain point, everyone runs into budgetary constraints. For the price of one ticket to a football game, a family of four can watch a summer blockbuster.In terms of entertainment value, AMC simply looks like a good stock to buy.Source: Baron Valium via Flickr Disney (DIS)Within the entertainment industry, hands down one of the best stocks to buy is Disney (NYSE:DIS). For starters, the Magic Kingdom is an American icon that practically defined and redefined the sector. Also, DIS stock has largely remained stable through some very turbulent years.But what I really like about this company is its content umbrella and distribution dominance. Most fans recognize DIS stock as an investment into the Star Wars franchise. But with their acquisition of Twenty-First Century Fox's (NASDAQ:FOXA) entertainment assets, Disney brought together several enviable franchises under one roof.As a result, Disney can distribute and profit from these assets more effectively than its competitors. The current cinema landscape is geared toward the sci-fi and comic-book based blockbuster, presenting natural tailwinds for DIS stock. * 5 Stocks Under $10 With Big Upside Potential I haven't even touched Disney's theme parks and resort business, which is also a big draw domestically and internationally. If you're seeking broad coverage in your entertainment stocks, DIS is your best bet. AT&TTelecommunications is a vital sector, but one that's hardly entertaining. In fact, I've said multiple times that telecom firms are downright boring. But in the age of consolidation, business titans have engaged an acquisition streak. The most significant of these mergers is the AT&T (NYSE:T) buyout of Time Warner.Among the key assets going to T stock is HBO. While the premium-cable channel is historically rooted in the cord, its original content gives cord-cutter Netflix (NASDAQ:NFLX) fits. Sure, NFLX enjoyed a resounding night at last year's Emmys. But HBO, with compelling titles like Game of Thrones and Westworld, firmly stood its ground.While the Time Warner deal attracts criticism for its hefty price tag, at least AT&T has winning content assets. Unfortunately, the same cannot be said for Verizon (NYSE:VZ). Plus, T stock will surely enjoy upside movements once the 5G rollout begins in earnest.As a whole, AT&T isn't just among the best entertainment stocks, but one of the best stocks in any industry. Live Nation Entertainment (LYV)With entertainment stocks increasingly taking on technological overtones, it's easy to dismiss traditional, analog forms of amusement. After all, our stereotypical image of young millennials involves them plastering their heads into their smartphones. But Live Nation Entertainment's (NYSE:LYV) longer-term successes dispel that assumption.Since the beginning of 2017, LYV stock has doubled in market value. This surge runs counter to the digital revolution impacting the music industry. Thanks to streaming services, you can get the music that you want from multiple artists, all at reasonable prices. * 5 Stocks Under $10 With Big Upside Potential Yet concert-ticket revenues over the last few decades indicate steadily rising popularity for live music. Moreover, millennials are driving this trend. Just as significant is their reason to do so: A vast majority attend music festivals to "escape the daily grind." Clearly, LYV stock offers potential upside irrespective of what happens in the underlying economy. Wynn Resorts (WYNN)In March of last year, I had legitimate concerns about Wynn Resorts (NASDAQ:WYNN). At the time, sexual misconduct allegations forced former CEO Steve Wynn to resign. But that wasn't the issue I felt would derail WYNN stock. Instead, it was the disappointing Las Vegas economy.Using data from the Las Vegas Convention and Visitors Authority, I determined that Wynn Resorts wasn't benefiting from tourism. While visitor stats increased, gaming revenue consistently decreased from its 2007 peak. That signaled to me that the catalysts for WYNN stock -- namely, high-rollers who don't give a "darn" -- were fading.And boy, did it ever! Between the end of May through Dec. 31, WYNN stock tanked 49%. But if you're eyeing a speculative shot among entertainment stocks, pay attention: Last year, Clark County gaming revenue totaled $10.25 billion. This is the first time since the sub-prime lending crisis that Vegas has hit the $10 billion mark.It's risky, but WYNN could be one of the best stocks for a surprising turnaround.As of this writing, Josh Enomoto is long AMC stock and T stock. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Monster Growth * Ranking the Top 10 Stock Buybacks of Last Year * 5 Stocks Under $10 With Big Upside Potential Compare Brokers The post 5 Entertainment Stocks That Can Weather a Market Storm appeared first on InvestorPlace.