Cinemark (CNK) is in the business of bringing entertainment into our everyday lives. Movie goers have embraced the magic of film for many decades now, and the business itself has proven to be solid through just about any economic environment.
In order to effectively analyze Cinemark as a solid choice to own shares of, I believe that we need to look at the key aspects of the movie business itself. Keep in mind that the movie theater business is actually a delivery system. With no control over content, this business sector is all about bringing an entertaining product to the consumer.
As of June 30th, 2013, the company website stated the following:
We are a leader ...