Markets edged higher Tuesday on the bank of improving consumer confidence. The Dow Jones increased 0.56 percent, while the S&P 500 Index gained 0.44 percent. The Conference Board reported the confidence index jumped to 82.3 from 78.3 in February. The reading was the highest since January 2008. "Overall, consumers expect the economy to continue improving and believe it may even pick up a little steam in the months ahead," said Conference Board economist Lynn Franco.
Hasbro, Inc. (NASDAQ: HAS) shares traded in the range of $54.35 to $55.22 Tuesday before settling to close at $54.59, a decrease of 0.66 percent. The stock appears to be facing some resistance at $54.90 with some support at the $54.07 and $53.38 levels. Shares of Hasbro have fallen approximately 1.0 percent year-to-date.
More information on Hasbro and access to the free equity report can be found at:
www.WallStreetFundamentals.com/HAS
JAKKS Pacific, Inc. (NASDAQ: JAKK) shares traded in the range of $7.11 to $7.27 Tuesday before settling to close at $7.17, a decrease of 0.42 percent. The stock appears to be facing some resistance at $7.47 with some support at the $7.15 and $7.05 levels. Shares of JAKKS Pacific have gained approximately 7.0 percent year-to-date.
More information on JAKKS Pacific and access to the free equity report can be found at:
www.WallStreetFundamentals.com/JAKK
LeapFrog Enterprises, Inc. (NYSE: LF) shares traded in the range of $7.41 to $7.55 Tuesday before settling to close at $7.45, a decrease of 0.40percent. The stock appears to be facing some resistance at the $7.65 and $7.90 levels with some support at $7.44 and $7.16. Shares of LeapFrog Enterprises are down approximately 6.0 percent year-to-date.
More information on LeapFrog Enterprises and access to the free equity report can be found at:
www.WallStreetFundamentals.com/LF
Mattel, Inc. (NASDAQ: MAT) shares traded in the range of $38.41 to $38.96 Tuesday before settling to close at $38.75, a decrease of 0.23 percent. The stock appears to be facing some resistance at the $40.05 and $41.53 levels with some support at $38.25 and $36.77. Shares of Mattel have fallen approximately 18.0 percent year-to-date.
More information on Mattel and access to the free equity report can be found at:
www.WallStreetFundamentals.com/MAT
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