The Globe and Mail reports in its Saturday edition that Lightwater Partners manager Jerome Hass believes Cineplex is an overlooked stock. The Globe's Brenda Bouw writes that Mr. Hass bought Cineplex in 2020 and has been bolstering his holdings ever since then. Cineplex was one of the most over-owned stocks among institutional investors in Canada and used to trade in the $50 to $55 range between about 2015 and 2017. Mr. Hass says he was a bear on the stock back then. When the shares dropped to $7 during the pandemic, the stock was no longer overvalued for Mr. Hass. He says: "The stock has admittedly taken longer to recover from COVID-19 than we thought. Most people dismiss the stock because of competition from streaming services and the belief that people don't want to go to the cinema any more. But the cinema industry has been around for decades and survived other near-death experiences. Going to the movies remains an inexpensive form of escapism and is certainly a lot cheaper than travel." He adds: "The North American film industry will produce 110 wide-release films in 2025 versus 95 in 2024." More opportunities may not guarantee box office success, but like baseball, more at-bats increase the chances of a home run.