Why This Under-the-Radar Stock Is a Buy
Often, a struggling company gets cast aside by investors, receiving little positive attention. This often is the case even after there are signs that its operations are turning the corner.
This creates a compelling value opportunity. But it is a tricky proposition. After all, you certainly don't want to invest in a company only to see its results falter again, and the stock price get punished.
Mattel's (NASDAQ: MAT) shares have produced a 4% gain this year after a strong increase following the company's third-quarter earnings release. This is still lower than the S&P 500's 5% increase, however. So, while the pandemic hurt its results earlier this year, Mattel looks like it is back on track.
Source Fool.com
