SIX - Six Flags called a compelling stock into the summer season
Six Flags Entertainment (SIX) is called one of the most compelling names in the consumer sector by the analyst team at Stifel. The firm makes the case that there are "multiple avenues" for Six Flags to work for investors in both the near term and long term. The recent selling pressure is called unwarranted after taking into account the theme park operator's core operating metrics into the summer season. Importantly, consumer demand and spending trends at theme parks are seen surprising to the upside.Reports on theme park traffic could perk up peers Cedar Fair (FUN) and SeaWorld Entertainment (SEAS) as well. Shares of Six Flags are up 1.57% premarket to $42.17 after a double-digit decline over the last month.
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Six Flags called a compelling stock into the summer season