Adding To My Losing Hasbro Trade

Jan. 11, 2023 5:25 PM ETHasbro, Inc. (HAS)32 Comments
Patrick Doyle profile picture
Patrick Doyle


  • Myopic investors may fret when they compare the financial results of 2022 to the same period in 2021, forgetting that 2021 was a banner year for Hasbro.
  • I think the financial results were decent enough, and I think the valuation remains attractive. I like that the (well covered) dividend remains north of 4%.
  • Influential third party publishers are being alienated by Wizards of the Coast, and that will have a negative impact on sales going forward.
Christmas Sweater Nerd

RyanJLane/E+ via Getty Images

Since I put out my bullish article on Hasbro, Inc. (NASDAQ:HAS) 3 ½ months ago, the shares have fallen about 11.6% against a gain of about 4% for the S&P500. It’s now time to work out whether or not it makes sense

This article was written by

Patrick Doyle profile picture
I'm a quant investment newsletter writer who marries fundamental analysis with the latest research in momentum. Over the past few years, I’ve developed a piece of software that helps me track the level of optimism and pessimism embedded in stock price. I seek to challenge the assumptions embedded in price by profitably exploiting the disconnect between what the market thinks and what is a likely outcome. I invest in those companies that have a greater than average chance of giving us all a surprise in the next few months.

Disclosure: I/we have a beneficial long position in the shares of HAS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: I'll be buying another 200 shares this afternoon.

Recommended For You

Comments (32)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.