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Should You Buy Shares of Mattel Before the Holiday Season? -Breaking


© Reuters. Mattel shares to buy before the holiday season

Over the last few months, Mattel’s shares have seen significant price momentum. But, the sector has been experiencing serious supply chain disruptions as well as inability satisfy demand. Will this affect the stocks’ ability to maintain their momentum for the holiday season ahead? Let’s find out. Mattel Inc . (NASDAQ) is an international leader in children’s entertainment. The company is located in El Segundo California and focuses on the production and design of quality toys and other consumer products. Its portfolio of iconic franchises includes Barbie, Hot Wheels, American Girl, Fisher-Price, Thomas & Friends and Mega, and other popular brands that it owns or licenses in partnership with global entertainment companies.

The company’s shares have gained 44.6% in price over the past year to close Friday’s trading session at $20.63. This price surge has been due to top-line growth fueled by its iconic brands portfolio and new product launches.

We are concerned that the company’s industry-wide problems could adversely impact its performance over the next few months, despite high holiday season demand.

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