Our recently published Gaming and Leisure Report, featured an interview with Hayley Beth Wolff of Rochdale Securities who pointed to Cedar Fair as a bright spot in this horrible environment;

Ms. Wolff: The only bright spot that I’ve seen in this space has been with Cedar Fair (FUN), the theme park company, which supports the staycation trend. They actually grew their business in a horrible environment, particularly since they are very Midwest-centric. So they are in an area where employment was most challenged, but 22.7 million guests visited, 3% more than the prior year.

Americans still want to enjoy recreation activities they just want to do it at a lower price point and companies that realize that will capitalize in this roller coaster economy.

This entry was posted on Thursday, April 16th, 2009 at 11:24 am and is filed under Consumer Stocks. You can follow any responses to this entry through the RSS 2.0 feed.