From a cursory glance, Six Flags Entertainment (SIX) might appear a compelling investment. In particular, with fears of COVID-19 having all but faded into the rearview mirror, people want to get out and enjoy the experiences denied to them during the lockdowns. As well, folks should have saved up money during this period to splurge on said experiences. Nevertheless, SIX stock also runs against headwinds related to the consumer economy that shouldn’t be ignored.
On the positive front, Zacks’ David Bartosiak early last month targeted SIX stock as the bull of the day. “Long gone is the stigma of COVID. Folks are coming out from under their masks, and enjoying the pleasures of yesteryear. That means hotel stays, airfare, and theme parks. That plays right into today’s Bull of the Day. Today’s Bull is a stock that benefits from the thrill-seekers out there,” Bartosiak wrote in part.
