Consumer Business Update: Dunkin’ Makes Zacks’s Pick List, Movie Theater Stocks On Watch
Shares of Dunkin’ Brands (NASDAQ:DNKN) move up Monday on a call out from Zacks Investment Research that it looks to them like an enticing growth pick. Analysts contend that Dunkin’s valuation, along with its long-term earnings growth trajectory, is why it’s on the list.
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Film producer Angus Finney joins other industry insiders with his prediction of the demise of movie theaters, saying that it might be months and not years before consumer preferences for watching films on their tablets and mobile devices solidify. Observers might well wonder if operators such as the theater systems player Imax Corporation (NASDAQ:IMAX), Cinemark Holdings (NYSE:CNK), Regal Entertainment Group (NYSE:RGC), and/or Carmike Cinemas (NASDAQ:CKEC) will see their shares impacted.
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