The New York Stock Exchange Essays

The New York Stock Exchange Essays The New York Stock Exchange Paper The New York Stock Exchange Paper Our purpose is to supply you and your company with detailed information, so you can make an educated decision on the stock option you hope to purchase and profit from over the next few years. We have decided to analyze Cedar Fair, LP (NYSE: FUN) and one of its main competitors Walt Disney Co. (NYSE: DIS). When researching, it is vital to use all your resources. We at Walnut Street Securities, Inc. have done extensive investigation so we can bring you the best stock options with the highest profitability and success rate. While looking at Cedar Fair, we will take into consideration that no company is perfect. There might be discrepancies, but we find that it is very important for us to bring you all the facts from every aspect of the company before making a decision on a purchase. Scope We have researched and reviewed the companies background information, financial reports, press releases, stock prices, dividends, competitors, additions and new attractions, and even lawsuits that could influence this company in the stock market. As we look at the background information we will see the progress Cedar Fair has made over the years and the current assets this company possess. We will also see in the financial portion of the report, the effects on revenue, net income, and sales over the last three years. In addition, while looking at the stock and dividend prices you will be able to compare Cedar Fair, LP and Walt Disney, Co. for the highest return rate. The recent press releases and current lawsuits will also give you an insight as to how these companies perform according to the news reports and public opinion. Methodology To research the data enclosed in the report we sent Walnut Street Securities, Inc. representatives to libraries to research financial and company databases and websites. As well, printed sources, such as newspapers and periodicals, were used in the research of this report. Some of the printed sources used were from Standard and Poors 2006 Edition, Americas Most Watched Companies and Mergents, Handbook of Common Stock. Some of the helpful databases and websites we researched were cedarfair. com, disney. com, bigcharts. com, valueline. com, and businesssourcepremier. com. Cedar Fair, LP specializes in entertainment and amusement. Rollercoaster, park rides, water parks, indoor water parks, shows, resorts, games, food, and souvenirs is what this company offers to the public. As the NYSE ticker symbol suggests (FUN) is what Cedar Fair is all about. Cedar Fair since commencing operations in 1983, has accumulated twelve properties, seven amusement parks, and five water parks. Cedar Point located on Lake Erie, between Cleveland and Toledo, OH, serves a total market area of about 26 million people. Knotts Berry Farms, Los Angeles, CA, serves more than 20 million people. Dorney Park and Wild Water Kingdom in Allentown, PA serves 35 million people. Geauga Lake and Wild Water Kingdom located near Cleveland, serves around 7 million people and Michigans Adventure in Muskegon, MI serves the area of about 5 million people. (Annual Report, 2) The five water parks are located near San Diego, Palm Springs, and also accompany Knotts Berry Farms, Worlds of Fun, and Cedar Point. Cedar Fair also owns and operates Castaway Bay indoor water park and resort in Sandusky, OH. (Annual Report, 2) In 1991, Cedar Fair consisted of only two parks with combined attendance of only 4. 1 million people a year and $128 million in revenues. Recently, attendance has reached over 12. 7 million people a year and maintains revenues of $520 million. This is about a 3% increase from the previous year. (www. valueline. com) Four years after commencing operations, in 1987, Cedar Fair, LP became publicly traded in the New York Stock Exchange.