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Stock Watch: HASBRO "The Best Play in Toys"

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Stock Watch: HASBRO "The Best Play in Toys"

by First Gen » Wed Oct 22, 2008 5:13 pm

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Despite the loss in profit that HASBRO, Inc. (HAS NYSE) reported on Monday, October 21st, analysts reports and investors continue to give the toy company the greenlight when it comes to buying common shares.

Financial Writer, Glenn Curtis of the Investopedia Community posted an article today outlying why he believes that HASBRO is the best choice when it comes to toy makers. Taken from the article:

Nemesis Mattel (NYSE:MAT) has a long and storied history similar to that of Hasbro, but I think that when it comes down to it, Hasbro is the better play. First, Hasbro managed to beat analyst's estimates by a pretty impressive three cents in the period. Meanwhile, Mattel released its third quarter earnings on the same day, and it earned 66 cents a share, which was five cents below what analyst’s had been looking for.

He then goes on to list all the acheivments that the company has made within the last year and the massive buy back of HASBRO stock that the company invested its money in. He explains that the buy back shows the confidence that the toy manufacturer has with its projected financials which will translate into common stock gains over the next year.

All in all its a great read and you don't have to be an Exchage specialists to understand what he's saying.

Check out the complete article by clicking here.

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