Brian Grosso
Investment advisor, long only, long-term horizon, value

Buy A Movie Ticket, Not This Theater Company

The Marcus Corporation (NYSE:MCS) is dead money. Management at MCS likes to spend money, but nothing has become of it in the past and I expect that to continue. Sometimes companies like Marcus trade so cheaply that even though they're unprofitable, the price makes them a buy. That's not the case with MCS and that's why I'd rather spend my money seeing a movie at one of the company's theaters than buy this overpriced, unprofitable stock.

Company Overview

Based in Milwaukee, The Marcus Corporation is a $300M property/capital-intensive entertainment provider in the US Midwest. The company owns and/or manages 55 movie theaters with 687 screens and 20 hotel/resorts through its Marcus Theatres and Marcus Hotels and Resorts subsidiaries....

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details