Hasbro, Inc. (NASDAQ:HAS)
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From Mr. Potato Head to Monopoly, Hasbro is one of the world's largest makers of toys and games.
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From Mr. Potato Head to Monopoly, Hasbro is one of the world's largest makers of toys and games.
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Right now, Hasbro looks too good to pass up.First, Hasbro makes a lot of toys that have survived generations and it has a snowball effect. Dads get GI Joes for their kids because that's what they had growing up. Nostalgia plays a big part in this when parents love seeing their kids play with the toys they remember from long ago.The price looks ridiculously low right now. With a P/E of 12.7 right now, it has reached "Are you kidding me?!" status. Not to mention that delicious dividend of nearly 4%! Insiders seem convinced as there is a nice holding percentage there, too.Hasbro is one of those companies that you have a hard time believing won't be around in 20 years. They know what it takes to be in this industry and they will be here for years to come.P-Worm