Hasbro (NASDAQ:HAS) is a selection for the real-money Inflation-Protected Income Growth portfolio. In this brief video, portfolio manager Chuck Saletta offers two-and-a-half reasons why he's holding on to Hasbro's stock despite the 48% rise since he bought those shares a little more than a year ago.

Summary:

  • Healthy balance sheet, with a debt-to-equity ratio of around 0.8.
  • Covered and growing dividend, with a 61% payout ratio excluding restructuring and a recent 8% increase to that dividend.
  • And the half-reason: Hasbro's valuation isn't too far stretched to make it a compelling sell based on price.

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This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.