Forget Mattel: Hasbro Is a Better Growth Stock
Hasbro (NASDAQ: HAS) has long been the better toymaker when compared to rival Mattel (NASDAQ: MAT), but the coronavirus pandemic took a bigger toll on the former compared to the latter.
Both toymakers have doubled in value from their low points in mid-March, but the bigger of the two Hasbro fell further and has yet to fully recover its losses. Where Mattel is up 17% year to date, Hasbro remains 15% below where it started 2020.
Even though it may still take Hasbro some time to reach breakeven, let alone turn positive, it is the better growth investment of the two.
Source Fool.com
