Mattel: A Christmas Stock Worth a Closer Look

Filed under: Mattel, Inc (MAT), Hasbro Inc (HAS), Technical Analysis

Two stocks come to mind when thinking about Christmas: Hasbro (HAS) and Mattel (MAT). Last year around this time, I discussed Hasbro. This year, I thought I'd take a brief look at Mattel.

The owner of the iconic Barbie industry has been trading in a relatively tight range over the past twelve months. The 52-week low is $19.07, and the 52-week high is $26.70. The shares closed down 1.3% on Thursday to settle at a quote of $25.88. (Hasbro likewise faced selling pressure on that day, losing over 2%.) The chart shows some rocky sideways action, followed by an uptrend.

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Mattel: A Christmas Stock Worth a Closer Look originally appeared on BloggingStocks on Sun, 26 Dec 2010 09:30:00 EST. Please see our terms for use of feeds.

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