Seeking Profits
Energy, tech, dividend investing, long/short equity

Regal Theaters Is A Blockbuster

Shares of Regal Entertainment Group (NYSE:RGC), the owner of Regal Theaters, have soared this year, rallying 33% as seen in the chart below. Nonetheless, I believe RGC remains significantly undervalued and is poised to deliver strong growth to long term shareholders.

(click to enlarge)

Regal Theaters is the largest movie theater chain in the United States with 575 locations in 42 states. The firm focuses on large multiplexes, averaging roughly 13 screens per location in urban and suburban areas, giving the firm operating leverage during the summer and Christmas holiday season when it can show the biggest blockbusters on multiple screens. In this article, I will explain why I believe the movie business will be strong in the...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
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