Mattel Inc. (NASDAQ:MAT) is one of the 10 oversold NASDAQ stocks to invest in right now.
On June 26, Goldman Sachs reduced its target price for the stock from $18 to $15, which still leads to a 15% upside potential
The firm maintained its Neutral rating on the stock. Copyright: patrikslezak / 123RF Stock Photo On June 22, Mattel Inc. (NASDAQ:MAT) launched its three latest Hot Wheels collectibles during San Diego Comic-Con. The collection introduces the K-pop Demon Hunters and Stranger Things from Netflix, in addition to Top Gun from Paramount Pictures, using Hot Wheels collectibles that showcase the legacy of the brand.
Targeting modern collectors in this day and age, all three of these launches sit at the convergence of fandom, entertainment, pop culture, and play. Back on June 17, the company announced that its UNO Social Clubs are garnering global attention, with a U.S. tour covering 5 cities and expansions planned across nine locations globally. These developments follow the success of the inaugural events from last year.