Friday, April 9, 2010

IMAX

Guys I like IMAX, the 3D movie theater technology company currently trading in the mid-$17/s. Traditionally known for documentary and educational movies, IMAX 3D released four feature films on their screens last year. Among those was the most expensive film ever made, resulting in the biggest box office earnings ever. Since Avatar, over a dozen films have been contracted this year alone, boosting the stock 25% YTD.

An IMAX movie is about $12, verusus $8 for a traditional theater- an amount that most children, teens and parents can swallow for the experience. With the continued success of Pixar and animated films with the advancement of such action films as Clash Of The Titans, this sector will continue to thrive.

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