On Thursday's Market Foolery, host Chris Hill, alongside Simon Erickson, a Motley Fool Rule Breakers analyst, and David Hanson, a Fool.com financial analyst, discusses today's market moves.
With shares of Mattel (NASDAQ:MAT) falling after second-quarter profits were hit by lower sales of Barbie and the line of Fisher-Price preschool toys, Chris is surprised by how much Hasbro has trumped Mattel during the last couple of years. Simon thinks Mattel is much more of a toy company, while Hasbro works in distribution outside of just toys, and he'd like to see Mattel expand its mobile strategy.
Simon thinks that a digital strategy will work well for them, especially because they have a large amount of toys sitting on shelves with inventory up more than 30%. David finds it hard to get excited about the company because they haven't jumped into electronics, and they don't have a mobile presence. He thinks the stock might not be appropriately priced, and is not a value.