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Gems in the Entertainment Industry: 3 Stocks Outshining AMC Gems in the Entertainment Industry: 3 Stocks Outshining AMC

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Netflix: A Stream of Success

Netflix (NFLX) logo displayed on smartphone on top of pile of money.

Source: izzuanroslan / Shutterstock.com

Netflix (NASDAQ:NFLX) shines brightly as a streaming giant providing a myriad of entertainment services, from TV shows to documentaries. In a blooming industry, Netflix has soared, nearly doubling its share price amidst increased profitability and a surge in subscribers. As recent earnings reports sing harmoniously, total revenue, and subscribers have leaped by 13% annually.

Netflix’s crackdown on password sharing enticed new subscribers and brimmed its coffers with soaring customer growth unseen since the Pandemic. Fueled by earnings triumphs and soaring share prices, Netflix outshines other entertainment giants like AMC.

Disney: The Magical Growth Saga

Disney logo on a store front. DIS stock.

Source: chrisdorney / Shutterstock

Bearing the enchanting wand of entertainment, Disney (NYSE:DIS) dazzles as a content-creating behemoth, with theme parks that spin magic worldwide. The tale unfolds as Disney reports a windfall in earnings for the first quarter of 2024, with net income shooting up by 58% and savvy cost-cutting saving over $500 million. A 12% share price hike post-earnings bodes well, with a projected 20% growth in profitability for the year.

With a 14% hike in share price over the year, Disney casts a more stable spell for investors compared to the volatile AMC ride.

IMAX: Big Screen Dreams

the exterior of an Imax theater

Source: imageAllan / Shutterstock.com

IMAX (NYSE:IMAX) creates a technicolor world for movie buffs, delivering remastered films in its wide-screen theater network and catering to various institutions. Reporting on the fourth quarter full year 2023, IMAX experienced a nominal drop in earnings per share by 1%, yet a healthy 25% revenue boost compared to the preceding year. Despite a 9% slump in share price throughout the year, an impressive 21% surge in the last month coupled with a successful movie debut of Dune 2 sets the stage for an IMAX renaissance.

IMAX’s robust business model, share price uptick, and a tapestry of profits define it as a star in the entertainment galaxy, a divergence from AMC’s dimming spotlight.

As these gems twinkle in the entertainment universe, resplendent in their glory, investors seek refuge in these luminous alternatives, perhaps preferring the harmonious melody of Netflix, the enchanting tale spun by Disney, or the widescreen magic at IMAX.

As of this writing, Noah Bolton did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Noah has about a year of freelance writing experience. He’s worked with Investopedia dealing with topics such as the stock market and financial news.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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