AMC Entertainment Holdings (AMC)
AMC is the largest movie theater operator in the United States and one of the companies with cheap stocks to buy right now. Due to the pandemic, it has been forced to close its doors for months. Customers are still afraid to be in confined spaces with other people, even as theaters reopen.
AMC is a risky investment whose future is largely dependent on one thing: a vaccine. Shareholders will be rewarded if a cure for the virus is developed within the next few months. However, unless AMC can find a way to make customers feel safe in theaters, it will succumb to its mounting debt. The bull case makes AMC's low price point appear obvious, but the bears are currently winning.
Stock Price is US$4.32
Founded: 1920
Market Cap: 10.12B
Website: www.amctheatres.com