BUY Conviction3/5 Analysis quality65/100 if Supreme Court rules against Trump's tariffs, leading to a refund of tariffs to companies
The analyst suggests Mattel as a potential buy if the Supreme Court rules against Trump's tariffs. The toy industry, with significant manufacturing in Asia, was heavily impacted by tariffs, and a refund would provide a substantial boost to companies like Mattel, which has seen its stock remain flat.
“Now, Hasbro ticker HAS has managed to continue higher, but Mattel MAT is flat on the air and others like Jax Pacific, ticker J AK, and Funko FN KO are down hard on those tariffs.”