Here's Why You Should Retain Mattel (MAT) Stock for Now

Mattel, Inc. (MAT) is likely to benefit from an IP-driven toy business, entertainment offerings and digital initiatives. Also, the emphasis on the Optimizing for Profitable Growth program bodes well. However, an uncertain macroeconomic environment is a concern.Let us discuss the factors that highlight why investors should retain the stock for the time being.Factors Likely to Drive GrowthMattel is actively pursuing its strategy to expand its IP-driven toy business and entertainment offerings to drive growth. ...