November 22, 201114 yr Mad Money, with host Jim Cramer, featured a segment on Cedar Fair complete with an interview with incoming CEO Matt Ouimet: http://video.cnbc.co...ideo=3000058509 Cramer was bullish on the stock due to the quickly rising dividend, refinanced debt, and new Disney alumni management. In a terrible day for the market, FUN actually increased in share price, and Ouimet again suggested an appetite for acquisitions.
November 22, 201114 yr I actually watched this on CNBC but the stock is at one of its highest points in recent years and I think would actually be a bad buy.
November 22, 201114 yr I actually watched this on CNBC but the stock is at one of its highest points in recent years and I think would actually be a bad buy. Without speaking specifically to FUN, when looking at a stock or any investment, where it is relative to the past is just a data point. What is more important are the fundamentals behind a company and where the price is going. It's also important to understand the type of investor you are - short term trader or long term holder as that can have a big impact on whether an investment is right for you.
November 26, 201114 yr Very cool segment, thanks for the post. I was getting that FUN was a good long term investment, but when it comes to stocks and shares I leave that to someone more educated about it than I.
November 26, 201114 yr When you buy or deal with any stock no matter what company it is, you will have risks. I think the biggest risk stock wise right now is sports teams. They will take one of the biggest hits money wise because of the players cost and a few other things. If the team is bad, then they risk being sold off.
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