In Monday's Blitz Daily, we take a look at toy company Hasbro ahead of the holiday shopping season.
When it reported earnings last week, Hasbro warned about potential supply chain issues. Despite the warning, the company still reported strong earnings, causing shares to move higher, breaking $97.
And it seems traders are confident Hasbro will remain at this level because the bulls are charging in!
And don’t worry, Santa has two more bullish trades where that came from...
Disclaimer : The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.
Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.
0 Response to "Wall Street Bulls Are Betting Big on Christmas Toy Demand"
Post a Comment