Mattel & Hasbro: One Is A Buy, The Other Is Not

Wells Fargo’s Timothy Conder and his team take a look at the toy space Thursday, writing that investors should buy Mattel (MAT) over Hasbro (HAS).

Conder reiterated an Outperform rating on Mattel and a Market Perform rating on Hasbro. He expects that Hasbro will report robust first-quarter earnings, but that this is already reflected in the stock’s valuation, whereas Mattel is still in the early innings of its turnaround, leaving a long runway for growth ahead.

Source: Barrons

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>