Investing in Toymakers Is Child's Play
It happens every year. You sit down in late July and try to figure out which of the two toymakers will have a great holiday season. You really only have two choices: Hasbro (HAS) and Mattel (MAT). You can buy one or the other, or you can buy both -- or you can do what I do: Buy Mattel and short Hasbro.
The trade worked out great this year. Since Aug. 1, the S&P 500 is up 7%, Hasbro fell 8.9% and Mattel rose 21.5%. It's really one of the easiest pair trades I can think of. But now what? Keep the trade on or liquidate both positions and enjoy an early retirement south of the border?...422 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
