Intrigued by AMC? Here's a Far Better Stock to Buy

People invest in AMC Entertainment Holdings (NYSE: AMC) for a variety of reasons, but I'm only going to address one angle here. Some investors are encouraged by box office results so far in 2022 and have purchased shares of AMC stock accordingly.

However, I believe Imax (NYSE: IMAX) stock is a superior investment compared to AMC stock. There's a lot of nuance in box office data and I believe Imax is on the right side of these nuanced trends. Here's why.

After two years of suppressed box office results due to the COVID-19 pandemic, 2022 has been far better for movie theaters. In the conference call to discuss financial results for the second quarter of 2022, AMC CEO Adam Aron said, "The second quarter marked the strongest North American box office since 2019."

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Source Fool.com