2024-04-08 13:50:27 ET
Summary
- IMAX Corporation's short-to-medium term performance is expected to be good, as the company is grabbing a bigger slice of the global box office and gaining recognition from the film industry's players.
- For the long term, IMAX is actively diversifying into non-film content like events and documentaries to reduce its reliance on movies over time.
- I view IMAX stock as a good investment candidate, as there are multiple positive factors for the shares.
Elevator Pitch
IMAX Corporation ( IMAX ) is rated as a Buy.
My earlier January 30, 2023 article was focused on IMAX's business prospects in China. The current write-up details the reasons to stay bullish on the stock....
Read the full article on Seeking Alpha
For further details see:
IMAX Corporation: Good Reasons To Be Bullish