Has Cineplex Stock Hit the Bottom at Last?

Source: fool.ca fool.ca

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Cineplex stock is looking heavily undervalued and well positioned as moviegoers return to the cinema and demand for premium offerings soars. Movies – they’ve always been a source of escape, sometimes even a source of inspiration. As Cineplex Inc. (TSX:CGX) navigates its way in these new tumultuous times, has Cineplex stock finally hit bottom? I’ve called it before. And I’m calling it again. I believe that Cineplex’s stock price is in the bottom range of where it will likely trade in 2023 and beyond. I have many skeptics against me, but hear me out first. Here’s why I believe that...