CEDAR FAIR L.P. $32 - New York symbol FUN

CEDAR FAIR L.P. $32 (New York symbol FUN; Income Portfolio, Consumer sector; Units outstanding: 55.5 million; Market cap: $1.8 billion; Price-to-sales ratio: 1.7; Dividend yield: 5.0%; TSINetwork Rating: Average; www.cedarfair.com) reported revenue of $456 million from the beginning of the year through the July 4th holiday weekend. That’s up 4.6%, from the same period in 2011.

New rides and attractions are helping Cedar Fair draw more visitors to its 11 amusement parks and seven water parks. Overall attendance rose 2%, while average spending per guest gained 4%. Revenue at its five hotels also rose 2%.

Cedar Fair is a buy.

A professional investment analyst for more than 30 years, Pat has developed a stock-selection technique that has proven reliable in both bull and bear markets. His proprietary ValuVesting System™ focuses on stocks that provide exceptional quality at relatively low prices. Many savvy investors and industry leaders consider it the most powerful stock-picking method ever created.