Hasbro saw an improvement in its IBD SmartSelect Composite Rating Monday, from 94 to 96.
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The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength. The best stocks tend to have a 95 or better grade as they launch a significant move so be sure to keep that in mind when looking for the best stocks to buy and watch.
Hasbro is trading within a buy range from a 70.04 entry from a double bottom.
The stock earns an 83 EPS Rating, meaning its recent quarterly and annual earnings growth is outpacing 83% of all stocks.
Its Accumulation/Distribution Rating of A shows heavy buying by institutional investors, such as mutual funds and pension funds, over the last 13 weeks.
In Q1, the company posted 70% earnings-per-share growth. That means it's now posted two straight quarters of rising EPS gains. Top line growth rose 17%, up from -15% in the prior report. That marks one quarter of increasing revenue gains.
Hasbro earns the No. 1 rank among its peers in the Leisure-Toys/Games/Hobby industry group. Mattel and JAKKS Pacific are also among the group's highest-rated stocks.
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