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Wednesday, December 30, 2009

Hasbro: Sell or Buy as Year Ends?

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Hasbro, Inc. (HAS), a toy manufacturer that competes with Mattel, Inc. (MAT) and JAKKS Pacific, Inc. (JAKK), is near a 52-week high right now. And it's probably on a lot of minds at the moment; after all, we just got through the Santa season. Since 2010 is just about to begin, many shareholders who were new to the stock this year are probably wondering whether they should keep the company or book profits.


It all depends. If you bought with the intention of holding on for the long term and are willing to put up with potential downside risk, with an eye toward adding on the dips, I'd say you can safely hold the shares with confidence. Hasbro has a great collection of brands, and a portfolio probably will benefit over time from exposure to the company.

Continue reading Hasbro: Sell or Buy as Year Ends?

Hasbro: Sell or Buy as Year Ends? originally appeared on BloggingStocks on Tue, 29 Dec 2009 17:20:00 EST. Please see our terms for use of feeds.

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