Hasbro (HAS) continues to make substantial strides in the stock market, outpacing the market several times. The company recently hit a 52-week high, primarily due to upgrades in its Relative Strength Ratings and a positive forecast for its 'Wizards of the Coast' revenue. Investment entities like Jaffetilchin and Robeco are reducing and purchasing stakes, respectively. Crucially, despite some market dips, HAS exhibits resilience, soaring even on rough trading days. Further, Citigroup reiterates a 'Buy' rating for Hasbro, indicating optimism in the company's potential and Wall Street analysts remain bullish. Tariff troubles from Trump are seen as unwelcome yet manageable, not significantly interrupting Hasbro’s
stock performance. Earnings in
Q1 have surpassed estimates, contributing to rising stocks along with a deal extension with Disney. However, in spite of several highs, Hasbro stock has dipped, most notably due to market challenges. The company's promising strategy involves playing 'Defense and Offense' concerning China tariffs, with this approach applauded by commentators like Jim Cramer. As it gears up for its Q1 2025 Earnings Report, Hasbro anticipates significant growth, targeting 750M gamers and fans by 2027.
Hasbro Stocks HAS News Analytics from Mon, 30 Sep 2024 07:00:00 GMT to Sat, 28 Jun 2025 12:49:02 GMT -
Rating 7
- Innovation 1
- Information 6
- Rumor -2
