Cedar Fair LP (FUN)

[santafe2]

Cedar Fair missed slightly on top and bottom line earnings but continue to show excellent progress. They've paid down 75% of debt borrowed during the pandemic and reinstated unit distribution at 30 cents a quarter. I expect this will gradually move up over the next two to three years and be back in the 90 cent range with a stock price closer to $60.

I am long FUN and added this morning.