Why Investors Should Finally Consider Hasbro Stock
Investors have increasingly taken a second look at Hasbro (NASDAQ: HAS) in recent months. Due to popular brands such as Monopoly, Nerf, and Transformers, it has won the attention of millions of children and adults for decades.
Fortunately for the Pawtucket, Rhode Island-based company, board games are far from extinct. Moreover, with the alliances Hasbro has formed with media companies and an increased interest in video games, the company could turn its presence in these various arenas into a competitive advantage.
At first glance, Hasbro might seem like a strange choice. Its position as the leading toy company may make little sense when kids have shown increasing interest in digital entertainment. Moreover, as the birth rate continues to fall, the overall demand for toys could decrease long term.
Source Fool.com