Barbie
and Ken are absolutely everywhere. As the stock market is a reflection of real
life, it can’t be an exception – Barbie and Ken have a hand in the investing
world, too. The movie’s success allows one to look for trade opportunities in
the markets. We’re not just talking about Mattel (the company that produces
Barbie dolls) but also about other assets worth considering. Let’s take a look
at all of them.
Still,
Matte goes first. The chart below demonstrates the performance of the shares
since the beginning of 2023. However, of course, it’s crucial to keep an eye on
various assets in the stock market. That’s where your assistant, stock
screener, comes in handy. This tool can find shares based on your
specific filters and criteria. Including Mattel.
You can
already see in the chart above that Mattel
stock experienced a significant hike last month. But let’s take a
closer look. A week after the movie’s premiere, a remarkable 16% growth.
There
has been a lot of buzz on social networks, memes about Barbenheimer, the duo of
Margot Robbie and Ryan Gosling – all of this has pushed the world to believe
that “pink is the new black”.
Indeed,
the movie has achieved success, but in the grand scheme of things, it might not
bring an enormous profit to the large company. The question, however, is not
about one-off income, but the strength of the Barbie boost that can provide to
various aspects of Mattel’s business and how the company plans to leverage it.
This includes selling dolls, toys, clothes, merch, rights, different content,
and even new movies. It’s worth noting that Barbie is not the only big brand
Mattel owns – there are also others like Hot Wheels and Uno. Definitely, the
company dreams of integrating them just as successfully.
Who else
stands to profit from Barbie’s popularity? One of the candidates is Crocs. The
footwear giant released the new full-pink collaboration with Barbie. If you
notice that there are more and more pink crocs around you, maybe it’s a sign:
Crocs stocks are rising right now.
And, of
course, we need to mention cinemas, such as AMC Entertainment. However, caution
is advised here as the performance of assets in this segment can be cyclical.
In periods of blockbuster releases, shares rise, but after that, they could
experience adjustments. Therefore, when considering cinema stocks, it’s
essential to pay close attention to fundamentals before making any decisions.
Last
month’s chart shows that you could have seen some nice gains having Crocs and
AMC in your portfolio.
However,
it’s always better to miss a trading opportunity than to make a deal without
preparation. That’s one of the primary rules for every experienced investor and
trader. So, if you believe that Barbie stock still has growth potential, then
it’s time to do your own analysis.