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$19.39 0.36 (1.89%)
9/8/2008 11:35 AM

Mattel, Inc. (MAT)

CAPS Rating:
***

The Company designs, manufactures and markets variety of toy products worldwide through sales to its customers and directly to consumers.

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Avatar SensationalSam (< 20) Submitted: 10/05/07 12:36 AM : Underperform Start Price: $22.31 MAT Score: -5.00

Christmas is coming, and customers will be a little gun-shy of mass-produced products like Mattel's this year. Wall Street will punish the stock in January, and I'd be surprised if it didn't hit a new 52-week low in the weeks shortly after the New Year.





I'm confident the company's stock will rebound in 2008. It's P/E is under 15 and it pays a ~2 percent dividend. The market will forget about the recalls and buy stock again after the dust settles.





But for now? It's gonna' get worse before it gets better.

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