A Bull Market Could Be Here: 4 Reasons to Buy Mattel Stock
There's no denying that the macroeconomic backdrop could be healthier. Still, given lingering inflationary pressures, benchmark interest rates that are higher than they've been since 2007, and so-so consumer sentiment, the economy is actually holding up pretty well.
Ditto for the stock market. The U.S. may get the soft landing the Federal Reserve was aiming for, sidestep a recession and another bear market, and rekindle the once-budding bull market instead.
If that's what's in the cards, one stock to consider plugging into sooner than later is (NASDAQ: MAT). Here are the top four bullish arguments for owning a piece of the well-known toy maker.
Source Fool.com
Mattel Inc. Stock
€17.43
0.340%
With 9 Buy predictions and not the single Sell prediction the community is currently very high on Mattel Inc..
With a target price of 24 € there is a positive potential of 37.69% for Mattel Inc. compared to the current price of 17.43 €.
