Of Course We’re Making This Prediction

Here’s a question for you…

Will you ever see a blockbuster movie in the theater again?

Most likely, that answer is yes.

I’m willing to make the prediction that sometime in the future, we’ll all go to the movie theaters again and enjoy the next blockbuster Star Wars or Avengers movie.

But here’s where I think we’ll see a subtle change…

And if we act now, there’s a good chance we can profit off it.

You see, going forward, I think going to the movies will be a bigger eventthan it was before COVID-19.

In this new post-COVID-19 world, if you’re going to go through all the trouble, I think people will now start to “go big,” which could lead to a resurgence in Imax moviegoers.

I’m sure you know the company…

Imax Corp. (NYSE: IMAX) owns a network of 1,616 theater systems in 81 countries.

It owns all of the proprietary digital remastering (DMR) software to digitally enhance image resolution, visual clarity and sound quality of motion pictures for projection on its massive screens.

It also designs, manufactures and installs its Imax theater projection system. And as you’d guess, the COVID-19 pandemic has been a crusher to its business model.

In late August, it reported a first quarter 2020 adjusted loss of $0.48 per share, which was far worse than the Zacks consensus estimate of a $0.12 loss per share. Total revenues of $34.9 million also missed the Zacks consensus by 20% – and fell 56% from the year-ago quarter.

As a result, shares have moved from $16 down to $12 here in September.

But here’s the thing…

Just recently, Imax theaters have experienced a slight uptick in box-office gains. When blockbuster movies return, Imax will benefit.

Action Plan: Getting positioned anywhere between $11.50 and $12 looks like a buyable support level for a recovery play into 2021.

Finding unique plays like Imax is what we do every day in The War Room. And our strategies are clearly working. We’ve handed members an insane 76.72% win rate since we launched! Over that time frame, we’ve had a 10.14% average gain with an average holding period of just over seven days. And this year alone, on average, we’re hitting two winning trades every day the markets are open. So what are you waiting for? Join me now and get in on the hottest action in the market!

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