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Saturday, May 1, 2010

A Tale of Two Hollywood Stocks: IMAX and Viacom

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Everyone dreams of making it big in Hollywood (hey, I wouldn't mind selling a screenplay or two). Such a goal is elusive. You can, however, trade stocks associated with the glitz and glamor of Tinseltown. Let's look at the earnings reports of two businesses involved in motion pictures that were released on Thursday.


IMAX Corporation (IMAX) is famous for its 3D-theater technology. It's also been notable lately for its stock. Like a solid script, the one-year chart tells a good story. The shares have risen mightily over the last twelve months, fighting their way to victory by defeating all the Wall Street bears (I admit, I've been bearish on the company in the past) and basking in the triumphant glory of new 52-week highs.

Continue reading A Tale of Two Hollywood Stocks: IMAX and Viacom

A Tale of Two Hollywood Stocks: IMAX and Viacom originally appeared on BloggingStocks on Fri, 30 Apr 2010 17:30:00 EST. Please see our terms for use of feeds.

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