Skip to main content

Why Jim Cramer Likes Mattel

Publish date:
Video Rating:
Video Duration:

Mattel  (MAT) - Get Mattel, Inc. Report is getting some attention from Jim Cramer and analysts on Wall Street.

Cramer said that he thinks that the stock is inexpensive.

Citi analyst Shawn Collins, meanwhile, upgraded Mattel shares before the company’s presentation, lifting his price target to $22.50 from $20.

“Retail toy demand remains robust into 2021, and we expect it will be further aided by Biden administration stimulus and a rebounding US economy,” he said.

So, what should investors do with Mattel right now?

Recap TheStreet Live: Everything Jim Cramer Is Watching in the Markets Wednesday

Curious about what Jim Cramer and his team at Action Alerts PLUS are watching in the markets? Watch Cramer's exclusive members-only Daily Rundown show on Action Alerts PLUS following TheStreet Live.

Related Videos