Mattel, Hasbro, LeapFrog Enterprises, and Blyth Under StockCall's Microscope
LONDON, March 20, 2013 /PRNewswire/ --
Consumer spending in the U.S. has remained solid despite the expiration of payroll tax cuts at the start of this year. The main reason behind improved consumer confidence has been the recovery in the labor market. With the labor market expected to continue to recover, consumer spending is likely to remain robust. This should benefit toys & games makers such as Mattel Inc. (NASDAQ: MAT), Hasbro Inc. (NASDAQ: HAS), and LeapFrog Enterprises Inc. (NYSE: LF), as well as for personal and household products maker Blyth Inc. (NYSE: BTH). Consumer goods stocks ended on a mixed note in Tuesday's trading session as the broad market continued to struggle on renewed concerns over the Eurozone debt crisis. StockCall has released full comprehensive research on MAT, HAS, LF, and BTH and these free technical analyses can be downloaded by signing up at
http://www.stockcall.com/technicalanalysis
Shares of Mattel Inc. edged higher on Tuesday; however, the gains were marginal. The stock closed 0.05% higher at $41.81 on volume of 1.62 million. Mattel's shares are currently trading close to their 52-week high of $42.34. The stock has seen a series of highs since February, which is a bullish signal. However, the stock's MACD has just crossed below the signal line, which indicates that the upbeat trend may have come to an end. Year-to-date, Mattel's shares are still up more than 14%, compared to a gain of over 8.50% for the S&P 500. Free technical analysis on MAT available by signing up at
http://www.StockCall.com/MAT032013.pdf
Shares of Hasbro Inc. struggled in yesterday's trading session. The stock fell to an intra-day low of $41.57 before finishing the day 0.92% lower at $41.83 on volume of 962,663. The stock has seen a pullback after failing to break through $42.50 resistance level. The stock's MACD has just crossed below the signal line, which suggests that market sentiment has turned bearish on Hasbro Inc. The stock currently has support at around $41.50. Hasbro's shares have had an excellent run so far this year, gaining more than 16%. The stock currently has a dividend yield of 3.83%. Register today and access the free research on HAS at
http://www.StockCall.com/HAS032013.pdf
LeapFrog Enterprises Inc. shares fell in trading on Tuesday, extending their losses from previous trading sessions. The stock ended the day 0.72% lower at $8.32 on volume of 1.28 million, taking its losses in the last three sessions to over 3%. The company's shares have struggled so far in 2013, falling more than 3.50%. The stock is currently trading close to $8.25 support level. LeapFrog's shares are currently trading below their 50-day and 200-day moving averages, which is a bearish signal. The downbeat trend is further confirmed by the stock's MACD chart. The free report on LF can be downloaded by signing up now at
http://www.StockCall.com/LF032013.pdf
Shares of Blyth Inc. rallied in Tuesday's trading session even as the broad market struggled. The stock hit an intra-day high of $17.01 before finishing the day 5.79% higher at $16.63 on above average volume of 966,175. Despite yesterday's rally, Blyth's shares have fallen more than 3% in the last three sessions. The stock is currently facing resistance at around $17.50. Shares of BTH crossed above their 50-day moving average recently, which is a bullish signal. Free report on BTH can be accessed by registering at
http://www.StockCall.com/BTH032013.pdf
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