12 Best Leisure Stocks to Buy Right Now

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6. Hasbro, Inc. (NASDAQ:HAS)

Number of Hedge Fund Holders: 39

Hasbro, Inc. (NASDAQ:HAS) is a toy and game company that operates through four segments: Consumer Products, Wizards of the Coast and Digital Gaming, Entertainment, and Corporate and Other. The Consumer Products manages the sourcing, marketing, and sale of toy and game products, while the Wizards of the Coast and Digital Gaming segment develops trading cards and digital game experiences based on the Hasbro and Wizards of the Coast properties. The Entertainment segment manages entertainment content.

Hasbro, Inc. (NASDAQ:HAS) has an elaborate list of popular brands, including MAGIC: THE GATHERING, Hasbro Gaming, PLAY-DOH, NERF, TRANSFORMERS, DUNGEONS & DRAGONS, and PEPPA PIG, as well as premier partner brands. It grew in licensing and games in fiscal year 2024 while improving the performance of its toy business.

The company also paid shareholders $390 million in cash dividends and reduced debt by $83 million. It had an operating cash flow of $847 million vs. $726 million in the prior year, driven by improved profitability and working capital. Hasbro, Inc. (NASDAQ:HAS) has plans to release a lineup of toys and games in 2025 to expand its market standing.

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