7 Green Days In A Row: Hasbro Stock Is Up 21%
Hasbro (HAS) stock has risen for 7 consecutive trading days, gaining 20.5% over that stretch. That added about $2.9 billion to the company’s market value, which now stands at about $16.8 billion. The stock closed at $118.68 on Wednesday, October 28, its highest close of the past year.
HAS Versus The S&P 500
Returns for HAS and the S&P 500 over the streak and the periods around it, all ending Wednesday, October 28 and including dividends:
| Return Period | HAS | S&P 500 |
|---|---|---|
| 1 Day | 0.3% | 0.3% |
| 7 Days (Current Streak) | 20.5% | 0.7% |
| 1 Month (21 Trading Days) | 34.5% | 1.0% |
| 3 Months (63 Trading Days) | 26.5% | 4.4% |
| Year To Date | 48.0% | 14.2% |
| 1 Year (252 Trading Days) | 56.9% | 14.0% |
Is This Move About Hasbro Or The Market?
The market explains little of this: the S&P 500 gained 0.7% over the same 7 sessions, including dividends, against Hasbro’s +20.5%. 2 other S&P 500 stocks are currently on winning streaks of 7 days or longer. Over the past three months the stock is up 26.5%, a window that includes the streak; over the other 56 sessions of that window it was up 5.0%.
Is The Business Keeping Up With The Stock?
On the fundamentals, revenue grew 17.0% over the last twelve months, against a median of 7.3% for S&P 500 Consumer Discretionary stocks; its operating margin is 23.4%, versus a median of 15.1%; and the stock trades at 21.2 times trailing earnings against a median of 19.4. The business gives the rally real support, with revenue growth above the median and margins above the median.
If you are looking for strength with more behind it than a hot tape, our Guidance Momentum screen surfaces the names where management raised its own outlook.
One Hot Stock Is A Story. Thirty Sound Ones Are A Strategy
A streak like this earns a place on your watchlist, and it also earns a question: how much of your outcome do you want depending on one company keeping this up?
The Trefis High Quality (HQ) Portfolio answers it with breadth: roughly 30 businesses picked for consistent cash generation, strong margins, and balance-sheet strength, sized and rebalanced by rules. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Follow the story; invest in the strategy.