The Panic-Proof Portfolio (Stockchase Research) Hasbro Inc HAS-Q PAST TOP PICK Feb 17, 2022

Stockchase Research Editor: Michael O'Reilly HAS is planning to capitalize on its G.I. Joe brand with a soon to be released movie and grow its other entertainment and game franchises. Recent EPS of $1.00 beat analyst's calls for $0.68. It has a strong cash holdings over $1.4 billion, even after paying down $300 million in debt. It pays a decent dividend backed by a payout ratio under 75% of cashflow. We would buy this with a stop loss at $85, looking to achieve $111 -- upside potential over 15%. Yield 2.87% (Analysts’ price target is $110.71)

Stockchase Research Editor: Michael O'Reilly HAS's strategy to enter into digital entertainment is reaping rewards and is why the 100 year old toy manufacturer is reiterated as a TOP PICK. It recently released a My Little Pony film on NFLX linked to AMZN shopping - an excellent business model. This has helped the company deal with mitigating supply chain issues that held back sales in Q3. Recently released earnings beat expectations by 15% and its ROE continues above 24%. We also like they increased cash reserves while paying down a sizable chunk of debt. Not going to double your money, but a solid and steady performer. It pays a decent dividend, which has increased for 17 consecutive years, backed by a payout ratio under 55% of expected cashflow. We recommend trailing up the previously recommend stop (from $85) to $88, looking to achieve $116 -- upside potential over 14%. Yield 2.69% (Analysts’ price target is $115.92)

(A Top Pick Dec 09/21, Down 7.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with HAS has triggered its stop at $93. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 5%, when combined with the previous buy recommendation.

Stockchase Research Editor: Michael O'Reilly Although recently reported revenue missed projected targets for the quarter, margins are expanding thanks to cost savings. Earnings by this toy manufacturer beat expectations by over 20% and support a ROE of 21%. We like that cash reserves grew in the quarter despite retiring debt. It pays a good dividend that is projected to be less than 50% of cash flow next year. We recommend placing a stop loss at $69, looking to achieve $108 -- upside potential over 30%. Yield 3.53% (Analysts’ price target is $108.18)

(A Top Pick Jul 19/22, Down 14.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with HAS has triggered its stop at $69. To remain disciplined, we recommend covering the position at this time.