Mattel Stock Is Ready To Catch

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ValueWalk

Shares of toy products and content creator Mattel, Inc. (NASDAQ:MAT) stock is a rare performer as shares are up 20% year-to-date reaching 52-week highs as benchmark indices plunge in the opposite direction. The iconic toy manufacturer pulled a surprise profit in its fiscal Q1 2022 when analysts expected a loss in addition to beating top-line estimates. The sentiment reversed back to positive after supply chain issues dampened expectations in its prior quarter. All its factories are completely operational as it navigates its global supply chain and logistics brilliantly. In fact, the Company ha…

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