Mattel (NASDAQ: MAT) was hurt by the COVID-19 pandemic every bit as much as rival Hasbro with both stocks losing over 50% of their value during the sell-off last March. However, from their respective low points, the former has gained about 150% as of this writing, while the latter is up 115%.
There are some good arguments to be made that Hasbro could be the superior toy stock, and not just because it arguably has more room to run than Mattel. But that doesn't mean Mattel isn't a buy in its own right.
Let's take a look at why an investor just might want to buy shares of Mattel in 2021.
Source Fool.com