(ot) hasbro purchase
- Thread starter alsih2o
- Start date
Ranger REG
Explorer
Would you mind elaborate to us as to why it's good news ... in layman English, please?
Ranger REG
Explorer
A decent buy for what? Hasbro's stock?
CRGreathouse
Community Supporter
Ah, it's up again today... nearly 12.40.
Ranger REG
Explorer
How did Hasbro and more importantly Wizards of the Coast do in the last fiscal quarter?
Greatwyrm
Been here a while...
###I am not a certified stock broker or financial planner.###
Where is it compared to its 52-week high and low?
What was the last reported Price-to-Earnings ratio?
Did they meet their last projected Earnings Per Share?
These are just where you start when you look at buying a stock. Picking up stocks on what seems to be common sense is a risky proposition. Just look at the last 5yr chart for Toys R Us (NYSE:TOY). It should follow the same holiday shopping logic. It's been all over the place. It usually gets a nice little spike about half way through the fourth quarter, but not always.
Now look at the charts for Hasbro (NYSE:HAS). They've both had very similar trading trends in the last few years. Usually up during the fourth quarter, but not always.
I'm not saying Hasbro isn't a good buy. It's close to it's 52-week low and targeted to rise about 3 points over the next year. That makes it somewhat attractive. Just be sure to look at the financials before going with a gut feeling. I mean, c'mon, you wouldn't take a feat without reading it first, would you?
Where is it compared to its 52-week high and low?
What was the last reported Price-to-Earnings ratio?
Did they meet their last projected Earnings Per Share?
These are just where you start when you look at buying a stock. Picking up stocks on what seems to be common sense is a risky proposition. Just look at the last 5yr chart for Toys R Us (NYSE:TOY). It should follow the same holiday shopping logic. It's been all over the place. It usually gets a nice little spike about half way through the fourth quarter, but not always.
Now look at the charts for Hasbro (NYSE:HAS). They've both had very similar trading trends in the last few years. Usually up during the fourth quarter, but not always.
I'm not saying Hasbro isn't a good buy. It's close to it's 52-week low and targeted to rise about 3 points over the next year. That makes it somewhat attractive. Just be sure to look at the financials before going with a gut feeling. I mean, c'mon, you wouldn't take a feat without reading it first, would you?
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