This "Fun" Stock Just Posted Record Revenue and Raised Its Dividend
![This "Fun" Stock Just Posted Record Revenue and Raised Its Dividend](https://assets2.sharewise.com/attachment/file/89430/open-uri20171120-24709-16ajt3n "This "Fun" Stock Just Posted Record Revenue and Raised Its Dividend")
The word is out. Millennials are spending more on "experiences" and less on "things" than their parents. Whether it's because they're less materialistic, or because they like to brag about all the cool things they're doing on social media, is a matter of debate. What isn't debatable is that investors should be aware of this phenomenon, and invest accordingly.
One "experience" stock is Cedar Fair, L.P. (NYSE: FUN), which owns 11 theme parks, three water parks, and five hotels throughout the United States and Canada. Its parks include Ohio's Cedar Point, Los Angeles' Knott's Berry Farm, and Virginia's Kings Dominion.
Source: Fool.com
Cedar Fair L.p. ADR Stock
€21.14
13.170%
The stock is an absolute favorite of our community with 30 Buy predictions and no Sell predictions.
With a target price of 48 € there is potential for a 127.11% increase which would mean more than doubling the current price of 21.14 € for Cedar Fair L.p. ADR.
