Cinemark (CNK): At the movies

Filed under: Newsletters, Stocks to Buy

Cinemark Holdings (NYSE: CNK), a leading owner of movie theaters, is a recent buy candidate from Leo Fasciocco, whose Ticker Tape Digest seeks stocks poised for technical breakouts.

"CNK an excellent intermediate-term play due to the strong profit outlook. The stock came public in 2007 at $20. It fell during the bear market. The stock formed a bottom, rallied and is now in position to breakout to the upside.

"With annual revenues of $1.8 billion, Cinemark is the third-largest motion picture exhibitor in the United States, operating 4,568 screens in 37 states and 12 Latin American countries.

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Cinemark (CNK): At the movies originally appeared on BloggingStocks on Mon, 08 Jun 2009 13:30:00 EST. Please see our terms for use of feeds.

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