Hasbro Stock Climbs 20% On A 6-Day Winning Streak
Hasbro (HAS) stock has risen for 6 consecutive trading days, gaining 20.1% over that stretch. That added about $2.8 billion to the company’s market value, which now stands at about $16.8 billion. The stock closed at $118.33 on Tuesday, October 27, its highest close of the past year.
How The Streak Stacks Up Against The S&P 500
Returns for HAS and the S&P 500 over the streak and the periods around it, all ending Tuesday, October 27 and including dividends:
| Return Period | HAS | S&P 500 |
|---|---|---|
| 1 Day | 0.3% | 0.6% |
| 6 Days (Current Streak) | 20.1% | 0.4% |
| 1 Month (21 Trading Days) | 32.3% | 0.6% |
| 3 Months (63 Trading Days) | 25.3% | 5.8% |
| Year To Date | 47.6% | 13.9% |
| 1 Year (252 Trading Days) | 59.3% | 15.0% |
Is This Move About Hasbro Or The Market?
The market explains little of this: the S&P 500 gained 0.4% over the same 6 sessions, including dividends, against Hasbro’s +20.1%. 4 other S&P 500 stocks are currently on winning streaks of 6 days or longer. Over the past three months the stock is up 25.3%, a window that includes the streak; over the other 57 sessions of that window it was up 4.3%.
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 21.1 times trailing earnings against a median of 19.3. On these numbers the run has substance behind it: revenue growth above the median and margins above the median.
A climb like this is worth respecting, and worth testing. Our Guidance Momentum screen tracks the stocks whose companies just raised their own forward numbers.
Momentum Is A Tailwind, Not A Plan
Riding a stock that rises every day feels effortless, and that is precisely the danger: the same momentum that built this run can reverse without notice, and one name’s reversal should never be able to reset your whole year.
That is what the Trefis High Quality (HQ) Portfolio is for: about 30 quality businesses screened for the fundamentals that survive momentum’s mood swings, held with 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. Watch the runs; own the resilience.