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Mattel, Inc. (MAT) [hlAlert]

Rating:
Hold MAT
up 20.84 %

Mattel, Inc. (MAT) downgraded to Hold by Morgan Joseph

Posted on: Monday,  Oct 19, 2009  8:25 AM ET by Morgan Joseph

Morgan Joseph rated Hold Mattel, Inc. (NASDAQ: MAT) on 10/19/2009. Previously Morgan Joseph rated Buy Mattel, Inc. (NASDAQ: MAT) on 06/11/2009.,
when the stock price was $16.50. Since then, Mattel, Inc. has gained 20.85% as of 10/19/2009's recent price of $19.94.
If you would have followed the previous Morgan Joseph's recommendation on MAT, you would have gained 20.84% of your investment in 130 days.

Mattel, Inc. designs, manufactures, and markets a broad variety of family products on a worldwide basis through both sales to retailers anddirect to consumers. Mattel's business is dependent in great part on itsability each year to redesign, restyle and extend existing core products and product lines, to design and develop innovative new products and product lines, and successfully market those products and product lines.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/19/2009 8:25 AM Hold
None
19.94
as of 12/31/2009
1 Week   
1 Month   
3 Months up  8.01 %
1 YTD up  20.84 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/11/2009 8:25 AM Buy
None
16.50 20.00

(*) Stock Price at the time of the recommendation.
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