Gary Bourgeault
Long only, research analyst, portfolio strategy, media

Regal Entertainment: Why Its Upward Move Will Continue

Regal Entertainment (NYSE:RGC) is up over 30% so far in 2013, and the company isn't close to being done yet, as the movie venue for the rest of the year, especially in the last couple of months, will result in a very strong finish, which will continue to push up the share price.

I also like Regal Entertainment over the long term because of it size, scale, and resultant free cash flow, which allows it to do things its smaller competitors aren't able to do. Its 4.50% dividend yield doesn't hurt either.

Since Regal is dependent upon Hollywood for its performance, the number of quality movies is always the deciding factor on how it'll perform. Regal and others...

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